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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 | $19,420 | $110,379-82.4% | $102,412-81.0% | $145,884-86.7% |
| Participation rate | 36.4% | 77.9%-41.6pp | 74.5%-38.1pp | 80.3%-43.9pp |
| Annual return | 14.17% | 24.84%-10.7pp | 24.94%-10.8pp | 551.85%-537.7pp |
| Employer contribution / active EE | $851 | $4,216-79.8% | $3,870-78.0% | $4,662-81.8% |
| Participant deferral / active EE | $966 | $5,622-82.8% | $5,060-80.9% | $6,690-85.6% |
| Admin fee / account holder | $95 | $9,745-99.0% | $8,388-98.9% | $13,392-99.3% |