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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 | $102,595-84.8% | $94,057-83.5% | $154,746-89.9% |
| Participation rate | 15.8% | 76.0%-60.2pp | 73.3%-57.6pp | 80.7%-64.9pp |
| Annual return | 20.18% | 583.42%-563.2pp | 480.62%-460.4pp | 172.34%-152.2pp |
| Employer contribution / active EE | $171 | $3,147-94.6% | $2,933-94.2% | $4,379-96.1% |
| Participant deferral / active EE | $260 | $5,118-94.9% | $4,709-94.5% | $6,730-96.1% |
| Admin fee / account holder | $159 | $7,736-97.9% | $7,244-97.8% | $14,365-98.9% |