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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 | $17,855 | $90,397-80.2% | $76,002-76.5% | $145,959-87.8% |
| Participation rate | 21.7% | 74.5%-52.8pp | 69.1%-47.3pp | 80.3%-58.5pp |
| Annual return | 14.22% | 621.97%-607.8pp | 360.07%-345.8pp | 561.95%-547.7pp |
| Employer contribution / active EE | $406 | $3,317-87.8% | $2,688-84.9% | $4,661-91.3% |
| Participant deferral / active EE | $599 | $5,163-88.4% | $4,257-85.9% | $6,689-91.0% |
| Admin fee / account holder | $20 | $8,369-99.8% | $6,414-99.7% | $13,398-99.9% |