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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 | $23,763 | $111,814-78.7% | $103,378-77.0% | $145,978-83.7% |
| Participation rate | 66.7% | 77.9%-11.3pp | 74.5%-7.8pp | 80.3%-13.6pp |
| Annual return | 16.26% | 24.80%-8.5pp | 24.91%-8.7pp | 550.52%-534.3pp |
| Employer contribution / active EE | $22 | $4,215-99.5% | $3,870-99.4% | $4,662-99.5% |
| Participant deferral / active EE | $49 | $5,618-99.1% | $5,058-99.0% | $6,690-99.3% |
| Admin fee / account holder | $257 | $9,764-97.4% | $8,401-96.9% | $13,400-98.1% |