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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,249 | $100,203-73.8% | $85,240-69.2% | $145,897-82.0% |
| Participation rate | 33.3% | 74.1%-40.8pp | 67.5%-34.2pp | 80.3%-47.0pp |
| Annual return | 12.00% | 84.28%-72.3pp | 66.75%-54.8pp | 552.29%-540.3pp |
| Employer contribution / active EE | $130 | $3,242-96.0% | $2,735-95.3% | $4,663-97.2% |
| Participant deferral / active EE | $130 | $5,299-97.6% | $4,527-97.1% | $6,689-98.1% |
| Admin fee / account holder | $150 | $7,265-97.9% | $6,165-97.6% | $13,390-98.9% |