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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 | $23,596 | $52,581-55.1% | $130,788-82.0% | $64,340-63.3% |
| Participation rate | 10.9% | 46.5%-35.7pp | 70.1%-59.2pp | 55.2%-44.4pp |
| Annual return | 15.83% | 20.39%-4.6pp | 386.44%-370.6pp | 24.14%-8.3pp |
| Employer contribution / active EE | $173 | $1,031-83.2% | $3,558-95.1% | $1,862-90.7% |
| Participant deferral / active EE | $272 | $2,200-87.6% | $4,137-93.4% | $2,980-90.9% |
| Admin fee / account holder | $295 | $4,583-93.6% | $6,673-95.6% | $3,703-92.0% |