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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 | $17,621 | $124,330-85.8% | $109,173-83.9% | $167,536-89.5% |
| Participation rate | 25.0% | 79.5%-54.5pp | 75.9%-50.9pp | 82.1%-57.1pp |
| Annual return | 15.49% | 26.04%-10.6pp | 25.75%-10.3pp | 478.82%-463.3pp |
| Employer contribution / active EE | $0 | $4,209-100.0% | $3,723-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $1,333 | $5,256-74.6% | $4,654-71.4% | $6,342-79.0% |
| Admin fee / account holder | $15 | $7,974-99.8% | $6,755-99.8% | $12,315-99.9% |