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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 | $19,313 | $110,212-82.5% | $96,534-80.0% | $139,466-86.2% |
| Participation rate | 53.8% | 78.1%-24.3pp | 76.0%-22.1pp | 80.3%-26.5pp |
| Annual return | 17.65% | 26.42%-8.8pp | 25.88%-8.2pp | 373.66%-356.0pp |
| Employer contribution / active EE | $177 | $3,620-95.1% | $2,965-94.0% | $4,754-96.3% |
| Participant deferral / active EE | $597 | $5,547-89.2% | $4,851-87.7% | $6,712-91.1% |
| Admin fee / account holder | $25 | $11,599-99.8% | $8,253-99.7% | $11,409-99.8% |