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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 | $3,418 | $70,366-95.1% | $66,674-94.9% | $138,895-97.5% |
| Participation rate | 66.7% | 76.2%-9.5pp | 73.7%-7.0pp | 79.9%-13.3pp |
| Annual return | 16.27% | 386.41%-370.1pp | 321.24%-305.0pp | 145.39%-129.1pp |
| Employer contribution / active EE | $80 | $2,765-97.1% | $2,620-96.9% | $4,194-98.1% |
| Participant deferral / active EE | $100 | $4,374-97.7% | $4,084-97.6% | $6,396-98.4% |
| Admin fee / account holder | $24 | $5,262-99.5% | $5,098-99.5% | $12,562-99.8% |