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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 | $10,908 | $110,379-90.1% | $102,412-89.3% | $145,884-92.5% |
| Participation rate | 30.8% | 77.9%-47.2pp | 74.5%-43.7pp | 80.3%-49.5pp |
| Annual return | 13.73% | 24.84%-11.1pp | 24.94%-11.2pp | 551.85%-538.1pp |
| Employer contribution / active EE | $833 | $4,216-80.2% | $3,870-78.5% | $4,662-82.1% |
| Participant deferral / active EE | $917 | $5,622-83.7% | $5,060-81.9% | $6,690-86.3% |
| Admin fee / account holder | $56 | $9,745-99.4% | $8,388-99.3% | $13,392-99.6% |