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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 | $16,727 | $51,638-67.6% | $129,406-87.1% | $80,959-79.3% |
| Participation rate | 9.5% | 56.9%-47.4pp | 69.6%-60.1pp | 67.7%-58.1pp |
| Annual return | 16.29% | 20.78%-4.5pp | 9468.18%-9451.9pp | 35.67%-19.4pp |
| Employer contribution / active EE | $106 | $1,584-93.3% | $4,155-97.5% | $2,757-96.2% |
| Participant deferral / active EE | $718 | $2,670-73.1% | $4,167-82.8% | $4,300-83.3% |
| Admin fee / account holder | $73 | $4,313-98.3% | $7,689-99.1% | $6,925-99.0% |