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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 | $16,734 | $124,980-86.6% | $108,359-84.6% | $154,746-89.2% |
| Participation rate | 13.6% | 75.2%-61.5pp | 70.1%-56.5pp | 80.7%-67.1pp |
| Annual return | 23.42% | 45.00%-21.6pp | 36.89%-13.5pp | 172.34%-148.9pp |
| Employer contribution / active EE | $262 | $2,851-90.8% | $2,399-89.1% | $4,379-94.0% |
| Participant deferral / active EE | $1,102 | $4,743-76.8% | $4,137-73.4% | $6,730-83.6% |
| Admin fee / account holder | $46 | $11,502-99.6% | $9,741-99.5% | $14,365-99.7% |