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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 | $46,854 | $43,075+8.8% | $74,577-37.2% | $62,881-25.5% |
| Participation rate | 24.6% | 58.1%-33.5pp | 68.1%-43.5pp | 69.3%-44.7pp |
| Annual return | 8.64% | 17.50%-8.9pp | 20.47%-11.8pp | 20.14%-11.5pp |
| Employer contribution / active EE | $0 | $1,498-100.0% | $2,525-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $362 | $2,389-84.9% | $3,458-89.5% | $3,203-88.7% |
| Admin fee / account holder | $0 | $2,840-100.0% | $4,138-100.0% | $4,296-100.0% |