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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 | $54,690 | $71,197-23.2% | $93,669-41.6% | $80,925-32.4% |
| Participation rate | 17.9% | 60.4%-42.5pp | 68.7%-50.9pp | 67.7%-49.8pp |
| Annual return | 22.73% | 11.27%+11.5pp | 133.59%-110.9pp | 35.65%-12.9pp |
| Employer contribution / active EE | $319 | $1,565-79.6% | $2,424-86.9% | $2,756-88.4% |
| Participant deferral / active EE | $747 | $4,036-81.5% | $4,416-83.1% | $4,299-82.6% |
| Admin fee / account holder | $40 | $6,959-99.4% | $8,291-99.5% | $6,940-99.4% |