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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 | $4,792 | $22,602-78.8% | $65,583-92.7% | $75,177-93.6% |
| Participation rate | 15.4% | 63.1%-47.7pp | 65.0%-49.6pp | 67.2%-51.8pp |
| Annual return | 22.56% | 71.13%-48.6pp | 47.46%-24.9pp | 160.75%-138.2pp |
| Employer contribution / active EE | $186 | $941-80.3% | $1,692-89.0% | $2,671-93.1% |
| Participant deferral / active EE | $186 | $1,695-89.0% | $2,833-93.4% | $4,126-95.5% |
| Admin fee / account holder | $82 | $1,877-95.6% | $4,112-98.0% | $5,651-98.5% |