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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 | $23,388 | $150,435-84.5% | $120,580-80.6% | $145,897-84.0% |
| Participation rate | 16.7% | 78.8%-62.1pp | 72.0%-55.3pp | 80.3%-63.6pp |
| Annual return | 14.92% | 154.60%-139.7pp | 107.48%-92.6pp | 552.29%-537.4pp |
| Employer contribution / active EE | $324 | $4,352-92.5% | $3,469-90.7% | $4,663-93.0% |
| Participant deferral / active EE | $811 | $6,174-86.9% | $4,995-83.8% | $6,689-87.9% |
| Admin fee / account holder | $122 | $12,182-99.0% | $9,418-98.7% | $13,390-99.1% |