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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 | $23,642 | $45,022-47.5% | $85,126-72.2% | $77,714-69.6% |
| Participation rate | 6.7% | 48.7%-42.0pp | 67.5%-60.9pp | 70.6%-63.9pp |
| Annual return | 12.55% | 79.38%-66.8pp | 66.63%-54.1pp | 31.26%-18.7pp |
| Employer contribution / active EE | $94 | $1,610-94.1% | $2,731-96.5% | $2,727-96.5% |
| Participant deferral / active EE | $231 | $2,811-91.8% | $4,523-94.9% | $4,649-95.0% |
| Admin fee / account holder | $141 | $913-84.5% | $6,160-97.7% | $433-67.3% |