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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 | $53,127 | $62,672-15.2% | $185,117-71.3% | $70,124-24.2% |
| Participation rate | 7.1% | 63.8%-56.6pp | 77.3%-70.1pp | 69.5%-62.4pp |
| Annual return | 17.48% | 40.79%-23.3pp | 40.50%-23.0pp | 73.14%-55.7pp |
| Employer contribution / active EE | $171 | $1,753-90.2% | $4,182-95.9% | $2,342-92.7% |
| Participant deferral / active EE | $771 | $3,272-76.4% | $5,045-84.7% | $3,332-76.8% |
| Admin fee / account holder | $277 | $3,932-93.0% | $8,159-96.6% | $4,645-94.0% |