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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 | $21,228 | $91,198-76.7% | $178,503-88.1% | $79,856-73.4% |
| Participation rate | 15.6% | 69.2%-53.6pp | 81.9%-66.3pp | 69.6%-54.0pp |
| Annual return | 10.37% | 24.20%-13.8pp | 151.12%-140.7pp | 31.71%-21.3pp |
| Employer contribution / active EE | $210 | $3,257-93.5% | $5,011-95.8% | $2,471-91.5% |
| Participant deferral / active EE | $210 | $3,237-93.5% | $5,202-96.0% | $3,741-94.4% |
| Admin fee / account holder | $226 | $6,748-96.6% | $13,987-98.4% | $5,306-95.7% |