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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 | $25,480 | $98,766-74.2% | $149,730-83.0% | $79,852-68.1% |
| Participation rate | 25.0% | 75.8%-50.8pp | 82.5%-57.5pp | 69.6%-44.6pp |
| Annual return | 38.01% | 27.43%+10.6pp | 276.70%-238.7pp | 31.72%+6.3pp |
| Employer contribution / active EE | $174 | $3,217-94.6% | $4,645-96.2% | $2,471-92.9% |
| Participant deferral / active EE | $892 | $5,681-84.3% | $6,843-87.0% | $3,740-76.2% |
| Admin fee / account holder | $281 | $6,052-95.4% | $9,310-97.0% | $5,306-94.7% |