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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 | $12,252 | $51,631-76.3% | $129,397-90.5% | $80,925-84.9% |
| Participation rate | 13.5% | 56.9%-43.5pp | 69.6%-56.1pp | 67.7%-54.2pp |
| Annual return | 17.51% | 20.77%-3.3pp | 9453.98%-9436.5pp | 35.65%-18.1pp |
| Employer contribution / active EE | $108 | $1,583-93.2% | $4,154-97.4% | $2,756-96.1% |
| Participant deferral / active EE | $439 | $2,670-83.6% | $4,167-89.5% | $4,299-89.8% |
| Admin fee / account holder | $89 | $4,309-97.9% | $7,679-98.8% | $6,940-98.7% |