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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 | $10,854 | $111,535-90.3% | $105,223-89.7% | $137,256-92.1% |
| Participation rate | 29.2% | 78.1%-48.9pp | 75.0%-45.9pp | 80.0%-50.8pp |
| Annual return | 17.01% | 237.85%-220.8pp | 180.65%-163.6pp | 220.34%-203.3pp |
| Employer contribution / active EE | $0 | $3,939-100.0% | $3,689-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $898 | $5,500-83.7% | $5,072-82.3% | $6,407-86.0% |
| Admin fee / account holder | $106 | $9,721-98.9% | $8,859-98.8% | $12,270-99.1% |