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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 | $34,841 | $58,493-40.4% | $84,021-58.5% | $72,975-52.3% |
| Participation rate | 18.8% | 61.2%-42.5pp | 69.0%-50.3pp | 69.5%-50.7pp |
| Annual return | 20.33% | 28.93%-8.6pp | 71.32%-51.0pp | 81.01%-60.7pp |
| Employer contribution / active EE | $197 | $1,163-83.0% | $1,984-90.1% | $2,440-91.9% |
| Participant deferral / active EE | $658 | $2,394-72.5% | $3,239-79.7% | $3,608-81.8% |
| Admin fee / account holder | $25 | $4,569-99.5% | $6,102-99.6% | $5,124-99.5% |