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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 | $13,807 | $108,922-87.3% | $100,398-86.2% | $145,978-90.5% |
| Participation rate | 50.0% | 83.0%-33.0pp | 81.5%-31.5pp | 80.3%-30.3pp |
| Annual return | 12.70% | 58.04%-45.3pp | 49.32%-36.6pp | 550.52%-537.8pp |
| Employer contribution / active EE | $0 | $4,426-100.0% | $3,946-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,983 | $8,450-76.5% | $8,084-75.5% | $6,690-70.4% |
| Admin fee / account holder | $112 | $9,680-98.8% | $7,893-98.6% | $13,400-99.2% |