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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 | $2,112 | $72,071-97.1% | $68,368-96.9% | $137,256-98.5% |
| Participation rate | 66.7% | 76.2%-9.6pp | 73.8%-7.1pp | 80.0%-13.3pp |
| Annual return | 16.05% | 353.14%-337.1pp | 292.57%-276.5pp | 220.34%-204.3pp |
| Employer contribution / active EE | $291 | $2,788-89.5% | $2,649-89.0% | $4,156-93.0% |
| Participant deferral / active EE | $498 | $4,410-88.7% | $4,123-87.9% | $6,407-92.2% |
| Admin fee / account holder | $232 | $5,336-95.7% | $5,150-95.5% | $12,270-98.1% |