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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 | $16,549 | $90,614-81.7% | $76,089-78.3% | $145,877-88.7% |
| Participation rate | 20.0% | 74.5%-54.5pp | 69.1%-49.1pp | 80.3%-60.3pp |
| Annual return | 9.99% | 623.80%-613.8pp | 360.94%-350.9pp | 551.28%-541.3pp |
| Employer contribution / active EE | $251 | $3,324-92.5% | $2,690-90.7% | $4,663-94.6% |
| Participant deferral / active EE | $469 | $5,168-90.9% | $4,259-89.0% | $6,691-93.0% |
| Admin fee / account holder | $119 | $8,376-98.6% | $6,418-98.1% | $13,402-99.1% |