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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 | $23,918 | $108,882-78.0% | $96,754-75.3% | $154,746-84.5% |
| Participation rate | 13.3% | 75.1%-61.7pp | 70.3%-56.9pp | 80.7%-67.4pp |
| Annual return | 19.94% | 98.39%-78.4pp | 82.04%-62.1pp | 172.34%-152.4pp |
| Employer contribution / active EE | $300 | $3,018-90.1% | $2,679-88.8% | $4,379-93.1% |
| Participant deferral / active EE | $365 | $5,323-93.2% | $4,758-92.3% | $6,730-94.6% |
| Admin fee / account holder | $127 | $10,200-98.8% | $8,905-98.6% | $14,365-99.1% |