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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 | $15,541 | $87,546-82.2% | $75,784-79.5% | $125,389-87.6% |
| Participation rate | 63.6% | 80.2%-16.5pp | 75.8%-12.2pp | 83.2%-19.6pp |
| Annual return | 0.95% | 13.49%-12.5pp | 9.68%-8.7pp | 282.24%-281.3pp |
| Employer contribution / active EE | $93 | $3,930-97.6% | $3,323-97.2% | $4,866-98.1% |
| Participant deferral / active EE | $60 | $4,230-98.6% | $3,652-98.4% | $5,352-98.9% |
| Admin fee / account holder | $29 | $6,503-99.6% | $5,300-99.5% | $9,541-99.7% |