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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 | $14,899 | $100,139-85.1% | $85,187-82.5% | $145,884-89.8% |
| Participation rate | 12.5% | 74.1%-61.6pp | 67.5%-55.0pp | 80.3%-67.8pp |
| Annual return | 12.70% | 84.15%-71.5pp | 66.67%-54.0pp | 551.85%-539.2pp |
| Employer contribution / active EE | $295 | $3,238-90.9% | $2,732-89.2% | $4,662-93.7% |
| Participant deferral / active EE | $368 | $5,296-93.0% | $4,525-91.9% | $6,690-94.5% |
| Admin fee / account holder | $119 | $7,262-98.4% | $6,162-98.1% | $13,392-99.1% |