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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 | $12,063 | $88,778-86.4% | $81,844-85.3% | $145,884-91.7% |
| Participation rate | 36.4% | 75.1%-38.7pp | 72.4%-36.0pp | 80.3%-43.9pp |
| Annual return | 9.81% | 1033.03%-1023.2pp | 778.87%-769.1pp | 551.85%-542.0pp |
| Employer contribution / active EE | $178 | $3,087-94.2% | $2,916-93.9% | $4,662-96.2% |
| Participant deferral / active EE | $401 | $4,648-91.4% | $4,323-90.7% | $6,690-94.0% |
| Admin fee / account holder | $0 | $8,430-100.0% | $7,355-100.0% | $13,392-100.0% |