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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 | $38,962 | $98,776-60.6% | $149,745-74.0% | $79,856-51.2% |
| Participation rate | 33.3% | 75.8%-42.5pp | 82.5%-49.1pp | 69.6%-36.3pp |
| Annual return | 15.85% | 27.38%-11.5pp | 276.72%-260.9pp | 31.71%-15.9pp |
| Employer contribution / active EE | $534 | $3,217-83.4% | $4,646-88.5% | $2,471-78.4% |
| Participant deferral / active EE | $2,121 | $5,681-62.7% | $6,843-69.0% | $3,741-43.3% |
| Admin fee / account holder | $219 | $6,053-96.4% | $9,312-97.6% | $5,306-95.9% |