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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 | $37,687 | $96,508-60.9% | $75,901-50.3% | $152,897-75.4% |
| Participation rate | 33.3% | 76.2%-42.9pp | 69.3%-35.9pp | 82.5%-49.1pp |
| Annual return | 25.35% | 33.99%-8.6pp | 30.76%-5.4pp | 345.43%-320.1pp |
| Employer contribution / active EE | $394 | $3,310-88.1% | $2,501-84.3% | $4,764-91.7% |
| Participant deferral / active EE | $839 | $4,554-81.6% | $3,603-76.7% | $5,851-85.7% |
| Admin fee / account holder | $255 | $8,081-96.8% | $5,420-95.3% | $11,599-97.8% |