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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 | $24,029 | $107,368-77.6% | $92,915-74.1% | $152,909-84.3% |
| Participation rate | 16.7% | 79.8%-63.1pp | 76.0%-59.3pp | 82.5%-65.8pp |
| Annual return | 14.96% | 145.64%-130.7pp | 109.45%-94.5pp | 345.46%-330.5pp |
| Employer contribution / active EE | $173 | $4,222-95.9% | $3,653-95.3% | $4,764-96.4% |
| Participant deferral / active EE | $570 | $4,848-88.2% | $4,238-86.5% | $5,851-90.3% |
| Admin fee / account holder | $19 | $7,082-99.7% | $5,796-99.7% | $11,601-99.8% |