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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 | $13,528 | $57,312-76.4% | $86,617-84.4% | $75,181-82.0% |
| Participation rate | 10.4% | 63.2%-52.8pp | 71.7%-61.3pp | 67.2%-56.8pp |
| Annual return | 23.52% | 2672.78%-2649.3pp | 591.91%-568.4pp | 160.69%-137.2pp |
| Employer contribution / active EE | $257 | $2,315-88.9% | $3,023-91.5% | $2,671-90.4% |
| Participant deferral / active EE | $678 | $3,319-79.6% | $4,437-84.7% | $4,126-83.6% |
| Admin fee / account holder | $237 | $4,114-94.2% | $5,613-95.8% | $5,650-95.8% |