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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 | $16,268 | $57,541-71.7% | $95,728-83.0% | $75,181-78.4% |
| Participation rate | 4.4% | 62.5%-58.1pp | 72.3%-67.9pp | 67.2%-62.8pp |
| Annual return | 18.86% | 34.93%-16.1pp | 28.40%-9.5pp | 160.69%-141.8pp |
| Employer contribution / active EE | $30 | $1,808-98.3% | $2,835-98.9% | $2,671-98.9% |
| Participant deferral / active EE | $264 | $3,074-91.4% | $4,245-93.8% | $4,126-93.6% |
| Admin fee / account holder | $102 | $4,099-97.5% | $5,673-98.2% | $5,650-98.2% |