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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 | $16,797 | $104,953-84.0% | $84,637-80.2% | $152,909-89.0% |
| Participation rate | 14.3% | 74.8%-60.5pp | 68.2%-54.0pp | 82.5%-68.2pp |
| Annual return | 23.55% | 373.94%-350.4pp | 258.82%-235.3pp | 345.46%-321.9pp |
| Employer contribution / active EE | $73 | $3,304-97.8% | $2,653-97.3% | $4,764-98.5% |
| Participant deferral / active EE | $87 | $4,691-98.1% | $3,900-97.8% | $5,851-98.5% |
| Admin fee / account holder | $259 | $6,244-95.9% | $4,914-94.7% | $11,601-97.8% |