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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 | $19,104 | $111,535-82.9% | $105,223-81.8% | $137,256-86.1% |
| Participation rate | 22.2% | 78.1%-55.9pp | 75.0%-52.8pp | 80.0%-57.7pp |
| Annual return | 15.77% | 237.85%-222.1pp | 180.65%-164.9pp | 220.34%-204.6pp |
| Employer contribution / active EE | $734 | $3,939-81.4% | $3,689-80.1% | $4,156-82.3% |
| Participant deferral / active EE | $745 | $5,500-86.5% | $5,072-85.3% | $6,407-88.4% |
| Admin fee / account holder | $115 | $9,721-98.8% | $8,859-98.7% | $12,270-99.1% |