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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 | $18,185 | $96,388-81.1% | $80,627-77.4% | $139,466-87.0% |
| Participation rate | 14.3% | 73.6%-59.4pp | 67.0%-52.7pp | 80.3%-66.0pp |
| Annual return | 24.34% | 1352.08%-1327.7pp | 936.76%-912.4pp | 373.66%-349.3pp |
| Employer contribution / active EE | $238 | $3,260-92.7% | $2,723-91.3% | $4,754-95.0% |
| Participant deferral / active EE | $510 | $5,224-90.2% | $4,443-88.5% | $6,712-92.4% |
| Admin fee / account holder | $62 | $6,603-99.1% | $5,381-98.8% | $11,409-99.5% |