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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 | $24,060 | $49,897-51.8% | $80,648-70.2% | $75,177-68.0% |
| Participation rate | 8.3% | 55.3%-47.0pp | 67.0%-58.7pp | 67.2%-58.9pp |
| Annual return | 17.81% | 34.68%-16.9pp | 937.21%-919.4pp | 160.75%-142.9pp |
| Employer contribution / active EE | $165 | $1,699-90.3% | $2,724-94.0% | $2,671-93.8% |
| Participant deferral / active EE | $178 | $2,992-94.0% | $4,443-96.0% | $4,126-95.7% |
| Admin fee / account holder | $46 | $3,579-98.7% | $5,382-99.2% | $5,651-99.2% |