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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 | $25,886 | $117,829-78.0% | $102,423-74.7% | $145,877-82.3% |
| Participation rate | 20.8% | 78.6%-57.8pp | 76.5%-55.7pp | 80.3%-59.5pp |
| Annual return | 12.92% | 31.83%-18.9pp | 29.42%-16.5pp | 551.28%-538.4pp |
| Employer contribution / active EE | $303 | $3,615-91.6% | $3,023-90.0% | $4,663-93.5% |
| Participant deferral / active EE | $741 | $5,732-87.1% | $5,054-85.3% | $6,691-88.9% |
| Admin fee / account holder | $246 | $13,335-98.2% | $9,455-97.4% | $13,402-98.2% |