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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 | $15,497 | $115,917-86.6% | $100,535-84.6% | $158,982-90.3% |
| Participation rate | 20.0% | 81.6%-61.6pp | 79.4%-59.4pp | 82.0%-62.0pp |
| Annual return | 26.03% | 34.80%-8.8pp | 30.90%-4.9pp | 302.99%-277.0pp |
| Employer contribution / active EE | $0 | $4,105-100.0% | $3,419-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $1,362 | $6,677-79.6% | $6,271-78.3% | $5,983-77.2% |
| Admin fee / account holder | $89 | $11,002-99.2% | $8,085-98.9% | $11,252-99.2% |