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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 | $12,615 | $110,337-88.6% | $102,383-87.7% | $145,877-91.4% |
| Participation rate | 29.4% | 77.9%-48.5pp | 74.5%-45.1pp | 80.3%-50.9pp |
| Annual return | 13.69% | 24.83%-11.1pp | 24.94%-11.2pp | 551.28%-537.6pp |
| Employer contribution / active EE | $654 | $4,216-84.5% | $3,870-83.1% | $4,663-86.0% |
| Participant deferral / active EE | $745 | $5,621-86.7% | $5,060-85.3% | $6,691-88.9% |
| Admin fee / account holder | $50 | $9,750-99.5% | $8,391-99.4% | $13,402-99.6% |