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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 | $14,051 | $111,878-87.4% | $93,727-85.0% | $145,897-90.4% |
| Participation rate | 16.7% | 74.2%-57.5pp | 68.7%-52.0pp | 80.3%-63.6pp |
| Annual return | 12.31% | 204.28%-192.0pp | 133.83%-121.5pp | 552.29%-540.0pp |
| Employer contribution / active EE | $319 | $3,092-89.7% | $2,421-86.8% | $4,663-93.2% |
| Participant deferral / active EE | $399 | $4,920-91.9% | $4,417-91.0% | $6,689-94.0% |
| Admin fee / account holder | $124 | $10,256-98.8% | $8,292-98.5% | $13,390-99.1% |