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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 | $15,161 | $54,757-72.3% | $90,300-83.2% | $72,983-79.2% |
| Participation rate | 24.3% | 65.1%-40.8pp | 73.3%-48.9pp | 69.5%-45.2pp |
| Annual return | 0.00% | 30.63%-30.6pp | 78.11%-78.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $66 | $2,092-96.9% | $2,854-97.7% | $2,440-97.3% |
| Participant deferral / active EE | $238 | $2,887-91.8% | $3,884-93.9% | $3,608-93.4% |
| Admin fee / account holder | $79 | $3,972-98.0% | $5,353-98.5% | $5,124-98.5% |