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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 | $6,997 | $100,203-93.0% | $85,240-91.8% | $145,897-95.2% |
| Participation rate | 69.6% | 74.1%-4.5pp | 67.5%+2.0pp | 80.3%-10.7pp |
| Annual return | 13.07% | 84.28%-71.2pp | 66.75%-53.7pp | 552.29%-539.2pp |
| Employer contribution / active EE | $339 | $3,242-89.6% | $2,735-87.6% | $4,663-92.7% |
| Participant deferral / active EE | $561 | $5,299-89.4% | $4,527-87.6% | $6,689-91.6% |
| Admin fee / account holder | $65 | $7,265-99.1% | $6,165-98.9% | $13,390-99.5% |