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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 | $19,472 | $49,236-60.5% | $70,455-72.4% | $79,860-75.6% |
| Participation rate | 40.5% | 69.2%-28.6pp | 75.1%-34.5pp | 69.6%-29.1pp |
| Annual return | 19.02% | 30.07%-11.1pp | 109.06%-90.0pp | 31.72%-12.7pp |
| Employer contribution / active EE | $0 | $2,100-100.0% | $2,737-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $802 | $2,769-71.0% | $3,709-78.4% | $3,740-78.5% |
| Admin fee / account holder | $71 | $2,877-97.5% | $3,845-98.2% | $5,306-98.7% |