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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 | $29,153 | $107,353-72.8% | $92,903-68.6% | $152,885-80.9% |
| Participation rate | 63.6% | 79.8%-16.1pp | 76.0%-12.4pp | 82.5%-18.8pp |
| Annual return | 19.07% | 145.62%-126.5pp | 109.43%-90.4pp | 345.39%-326.3pp |
| Employer contribution / active EE | $16 | $4,222-99.6% | $3,653-99.6% | $4,763-99.7% |
| Participant deferral / active EE | $16 | $4,848-99.7% | $4,238-99.6% | $5,851-99.7% |
| Admin fee / account holder | $295 | $7,081-95.8% | $5,795-94.9% | $11,598-97.5% |