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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 | $32,692 | $72,273-54.8% | $101,275-67.7% | $79,856-59.1% |
| Participation rate | 14.0% | 68.5%-54.5pp | 75.8%-61.9pp | 69.6%-55.7pp |
| Annual return | 19.06% | 22.30%-3.2pp | 46.48%-27.4pp | 31.71%-12.7pp |
| Employer contribution / active EE | $444 | $2,691-83.5% | $3,660-87.9% | $2,471-82.0% |
| Participant deferral / active EE | $894 | $3,282-72.8% | $4,371-79.6% | $3,741-76.1% |
| Admin fee / account holder | $139 | $4,401-96.8% | $5,948-97.7% | $5,306-97.4% |