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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 | $29,823 | $124,330-76.0% | $109,173-72.7% | $167,536-82.2% |
| Participation rate | 60.0% | 79.5%-19.5pp | 75.9%-15.9pp | 82.1%-22.1pp |
| Annual return | 15.07% | 26.04%-11.0pp | 25.75%-10.7pp | 478.82%-463.7pp |
| Employer contribution / active EE | $200 | $4,209-95.3% | $3,723-94.6% | $4,839-95.9% |
| Participant deferral / active EE | $230 | $5,256-95.6% | $4,654-95.1% | $6,342-96.4% |
| Admin fee / account holder | $192 | $7,974-97.6% | $6,755-97.2% | $12,315-98.4% |