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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 | $10,674 | $100,203-89.3% | $85,240-87.5% | $145,897-92.7% |
| Participation rate | 13.3% | 74.1%-60.8pp | 67.5%-54.2pp | 80.3%-67.0pp |
| Annual return | 12.13% | 84.28%-72.1pp | 66.75%-54.6pp | 552.29%-540.2pp |
| Employer contribution / active EE | $260 | $3,242-92.0% | $2,735-90.5% | $4,663-94.4% |
| Participant deferral / active EE | $353 | $5,299-93.3% | $4,527-92.2% | $6,689-94.7% |
| Admin fee / account holder | $203 | $7,265-97.2% | $6,165-96.7% | $13,390-98.5% |