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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 | $12,031 | $107,733-88.8% | $92,985-87.1% | $154,746-92.2% |
| Participation rate | 31.8% | 74.6%-42.7pp | 69.5%-37.7pp | 80.7%-48.9pp |
| Annual return | 10.22% | 30.39%-20.2pp | 27.99%-17.8pp | 172.34%-162.1pp |
| Employer contribution / active EE | $193 | $3,126-93.8% | $2,662-92.8% | $4,379-95.6% |
| Participant deferral / active EE | $490 | $5,053-90.3% | $4,377-88.8% | $6,730-92.7% |
| Admin fee / account holder | $100 | $11,369-99.1% | $9,463-98.9% | $14,365-99.3% |