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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 | $15,468 | $123,750-87.5% | $69,611-77.8% | $145,877-89.4% |
| Participation rate | 50.0% | 69.2%-19.2pp | 66.4%-16.4pp | 80.3%-30.3pp |
| Annual return | 16.32% | 192.03%-175.7pp | 101.14%-84.8pp | 551.28%-535.0pp |
| Employer contribution / active EE | $207 | $2,672-92.2% | $1,709-87.9% | $4,663-95.6% |
| Participant deferral / active EE | $465 | $4,243-89.0% | $2,891-83.9% | $6,691-93.0% |
| Admin fee / account holder | $101 | $7,817-98.7% | $4,696-97.8% | $13,402-99.2% |