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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 | $9,702 | $111,535-91.3% | $105,223-90.8% | $137,256-92.9% |
| Participation rate | 10.0% | 78.1%-68.1pp | 75.0%-65.0pp | 80.0%-70.0pp |
| Annual return | 17.56% | 237.85%-220.3pp | 180.65%-163.1pp | 220.34%-202.8pp |
| Employer contribution / active EE | $3 | $3,939-99.9% | $3,689-99.9% | $4,156-99.9% |
| Participant deferral / active EE | $5 | $5,500-99.9% | $5,072-99.9% | $6,407-99.9% |
| Admin fee / account holder | $84 | $9,721-99.1% | $8,859-99.1% | $12,270-99.3% |