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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 | $11,115 | $58,275-80.9% | $81,844-86.4% | $80,935-86.3% |
| Participation rate | 13.6% | 63.5%-49.9pp | 72.4%-58.8pp | 67.7%-54.1pp |
| Annual return | 17.92% | 41.82%-23.9pp | 778.87%-761.0pp | 35.66%-17.7pp |
| Employer contribution / active EE | $120 | $2,346-94.9% | $2,916-95.9% | $2,757-95.7% |
| Participant deferral / active EE | $521 | $3,285-84.2% | $4,323-88.0% | $4,299-87.9% |
| Admin fee / account holder | $300 | $4,749-93.7% | $7,355-95.9% | $6,924-95.7% |