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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 | $17,821 | $112,729-84.2% | $98,716-81.9% | $137,256-87.0% |
| Participation rate | 22.2% | 74.2%-52.0pp | 69.3%-47.1pp | 80.0%-57.7pp |
| Annual return | 16.00% | 38.48%-22.5pp | 31.81%-15.8pp | 220.34%-204.3pp |
| Employer contribution / active EE | $110 | $2,725-96.0% | $2,279-95.2% | $4,156-97.4% |
| Participant deferral / active EE | $137 | $4,640-97.0% | $4,048-96.6% | $6,407-97.9% |
| Admin fee / account holder | $226 | $10,129-97.8% | $8,703-97.4% | $12,270-98.2% |