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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 | $100,073-89.3% | $85,126-87.5% | $145,877-92.7% |
| Participation rate | 13.3% | 74.1%-60.8pp | 67.5%-54.2pp | 80.3%-67.0pp |
| Annual return | 12.13% | 84.11%-72.0pp | 66.63%-54.5pp | 551.28%-539.2pp |
| Employer contribution / active EE | $260 | $3,236-92.0% | $2,731-90.5% | $4,663-94.4% |
| Participant deferral / active EE | $353 | $5,294-93.3% | $4,523-92.2% | $6,691-94.7% |
| Admin fee / account holder | $203 | $7,261-97.2% | $6,160-96.7% | $13,402-98.5% |