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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 | $17,092 | $211,224-91.9% | $178,505-90.4% | $145,897-88.3% |
| Participation rate | 28.6% | 80.8%-52.2pp | 77.1%-48.5pp | 80.3%-51.7pp |
| Annual return | 10.99% | 30.28%-19.3pp | 27.16%-16.2pp | 552.29%-541.3pp |
| Employer contribution / active EE | $204 | $4,577-95.5% | $3,955-94.8% | $4,663-95.6% |
| Participant deferral / active EE | $204 | $6,966-97.1% | $6,280-96.7% | $6,689-96.9% |
| Admin fee / account holder | $8 | $12,109-99.9% | $10,428-99.9% | $13,390-99.9% |