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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 | $16,227 | $101,063-83.9% | $81,473-80.1% | $147,586-89.0% |
| Participation rate | 9.1% | 74.5%-65.4pp | 68.0%-58.9pp | 82.8%-73.7pp |
| Annual return | 18.56% | 32.41%-13.8pp | 38.78%-20.2pp | 578.59%-560.0pp |
| Employer contribution / active EE | $67 | $3,206-97.9% | $2,568-97.4% | $4,876-98.6% |
| Participant deferral / active EE | $70 | $4,242-98.4% | $3,537-98.0% | $5,439-98.7% |
| Admin fee / account holder | $0 | $5,812-100.0% | $4,561-100.0% | $10,886-100.0% |