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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 | $18,960 | $106,247-82.2% | $96,515-80.4% | $139,466-86.4% |
| Participation rate | 60.0% | 77.8%-17.8pp | 74.3%-14.3pp | 80.3%-20.3pp |
| Annual return | 17.91% | 38.47%-20.6pp | 35.73%-17.8pp | 373.66%-355.8pp |
| Employer contribution / active EE | $473 | $4,106-88.5% | $3,740-87.3% | $4,754-90.0% |
| Participant deferral / active EE | $619 | $5,456-88.7% | $4,880-87.3% | $6,712-90.8% |
| Admin fee / account holder | $130 | $7,885-98.3% | $6,735-98.1% | $11,409-98.9% |