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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 | $24,140 | $110,212-78.1% | $96,534-75.0% | $139,466-82.7% |
| Participation rate | 13.6% | 78.1%-64.5pp | 76.0%-62.3pp | 80.3%-66.7pp |
| Annual return | 15.81% | 26.42%-10.6pp | 25.88%-10.1pp | 373.66%-357.9pp |
| Employer contribution / active EE | $590 | $3,620-83.7% | $2,965-80.1% | $4,754-87.6% |
| Participant deferral / active EE | $1,563 | $5,547-71.8% | $4,851-67.8% | $6,712-76.7% |
| Admin fee / account holder | $141 | $11,599-98.8% | $8,253-98.3% | $11,409-98.8% |