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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 | $150,346-84.4% | $120,524-80.6% | $145,877-84.0% |
| Participation rate | 16.7% | 78.8%-62.1pp | 71.9%-55.3pp | 80.3%-63.6pp |
| Annual return | 14.92% | 154.40%-139.5pp | 107.36%-92.4pp | 551.28%-536.4pp |
| Employer contribution / active EE | $324 | $4,353-92.5% | $3,469-90.7% | $4,663-93.0% |
| Participant deferral / active EE | $811 | $6,172-86.9% | $4,994-83.8% | $6,691-87.9% |
| Admin fee / account holder | $122 | $12,215-99.0% | $9,440-98.7% | $13,402-99.1% |