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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 | $20,772 | $53,128-60.9% | $86,582-76.0% | $70,126-70.4% |
| Participation rate | 10.2% | 65.3%-55.1pp | 73.5%-63.3pp | 69.5%-59.3pp |
| Annual return | 13.95% | 27.66%-13.7pp | 965.08%-951.1pp | 73.15%-59.2pp |
| Employer contribution / active EE | $85 | $2,068-95.9% | $2,839-97.0% | $2,343-96.4% |
| Participant deferral / active EE | $159 | $2,695-94.1% | $3,609-95.6% | $3,332-95.2% |
| Admin fee / account holder | $243 | $3,584-93.2% | $4,904-95.0% | $4,645-94.8% |