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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 | $15,752 | $111,785-85.9% | $93,669-83.2% | $145,877-89.2% |
| Participation rate | 16.7% | 74.2%-57.6pp | 68.7%-52.1pp | 80.3%-63.6pp |
| Annual return | 18.32% | 203.79%-185.5pp | 133.59%-115.3pp | 551.28%-533.0pp |
| Employer contribution / active EE | $167 | $3,096-94.6% | $2,424-93.1% | $4,663-96.4% |
| Participant deferral / active EE | $1,040 | $4,919-78.9% | $4,416-76.4% | $6,691-84.5% |
| Admin fee / account holder | $26 | $10,256-99.7% | $8,291-99.7% | $13,402-99.8% |