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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 | $19,406 | $65,367-70.3% | $92,915-79.1% | $72,976-73.4% |
| Participation rate | 15.6% | 68.3%-52.7pp | 76.0%-60.4pp | 69.5%-53.9pp |
| Annual return | 37.73% | 42.11%-4.4pp | 109.45%-71.7pp | 81.02%-43.3pp |
| Employer contribution / active EE | $579 | $2,594-77.7% | $3,653-84.2% | $2,440-76.3% |
| Participant deferral / active EE | $1,161 | $3,128-62.9% | $4,238-72.6% | $3,608-67.8% |
| Admin fee / account holder | $94 | $4,251-97.8% | $5,796-98.4% | $5,124-98.2% |