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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 | $21,412 | $107,733-80.1% | $92,985-77.0% | $154,746-86.2% |
| Participation rate | 18.2% | 74.6%-56.4pp | 69.5%-51.3pp | 80.7%-62.5pp |
| Annual return | 17.26% | 30.39%-13.1pp | 27.99%-10.7pp | 172.34%-155.1pp |
| Employer contribution / active EE | $165 | $3,126-94.7% | $2,662-93.8% | $4,379-96.2% |
| Participant deferral / active EE | $200 | $5,053-96.0% | $4,377-95.4% | $6,730-97.0% |
| Admin fee / account holder | $155 | $11,369-98.6% | $9,463-98.4% | $14,365-98.9% |