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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 | $8,433 | $90,614-90.7% | $76,089-88.9% | $145,877-94.2% |
| Participation rate | 40.0% | 74.5%-34.5pp | 69.1%-29.1pp | 80.3%-40.3pp |
| Annual return | 14.81% | 623.80%-609.0pp | 360.94%-346.1pp | 551.28%-536.5pp |
| Employer contribution / active EE | $389 | $3,324-88.3% | $2,690-85.5% | $4,663-91.7% |
| Participant deferral / active EE | $794 | $5,168-84.6% | $4,259-81.4% | $6,691-88.1% |
| Admin fee / account holder | $119 | $8,376-98.6% | $6,418-98.1% | $13,402-99.1% |