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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 | $14,013 | $85,171-83.5% | $172,752-91.9% | $72,975-80.8% |
| Participation rate | 12.0% | 70.1%-58.1pp | 82.6%-70.6pp | 69.5%-57.5pp |
| Annual return | 32.90% | 27.32%+5.6pp | 802.97%-770.1pp | 81.01%-48.1pp |
| Employer contribution / active EE | $153 | $3,324-95.4% | $5,144-97.0% | $2,440-93.7% |
| Participant deferral / active EE | $872 | $3,260-73.2% | $5,198-83.2% | $3,608-75.8% |
| Admin fee / account holder | -$50 | $5,880-100.9% | $13,955-100.4% | $5,124-101.0% |