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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 | $7,586 | $109,967-93.1% | $97,197-92.2% | $145,877-94.8% |
| Participation rate | 53.8% | 76.0%-22.1pp | 72.7%-18.8pp | 80.3%-26.5pp |
| Annual return | 9.21% | 244.27%-235.1pp | 75.47%-66.3pp | 551.28%-542.1pp |
| Employer contribution / active EE | $298 | $3,077-90.3% | $2,723-89.1% | $4,663-93.6% |
| Participant deferral / active EE | $323 | $4,676-93.1% | $4,263-92.4% | $6,691-95.2% |
| Admin fee / account holder | $49 | $6,199-99.2% | $5,637-99.1% | $13,402-99.6% |