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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 | $15,556 | $72,071-78.4% | $68,368-77.2% | $137,256-88.7% |
| Participation rate | 15.8% | 76.2%-60.4pp | 73.8%-58.0pp | 80.0%-64.2pp |
| Annual return | 20.18% | 353.14%-333.0pp | 292.57%-272.4pp | 220.34%-200.2pp |
| Employer contribution / active EE | $171 | $2,788-93.9% | $2,649-93.6% | $4,156-95.9% |
| Participant deferral / active EE | $260 | $4,410-94.1% | $4,123-93.7% | $6,407-95.9% |
| Admin fee / account holder | $159 | $5,336-97.0% | $5,150-96.9% | $12,270-98.7% |