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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 | $27,351 | $60,349-54.7% | $74,184-63.1% | $62,881-56.5% |
| Participation rate | 9.6% | 72.7%-63.1pp | 76.6%-67.0pp | 69.3%-59.7pp |
| Annual return | 12.35% | 21.38%-9.0pp | 17.74%-5.4pp | 20.14%-7.8pp |
| Employer contribution / active EE | $334 | $1,680-80.1% | $2,370-85.9% | $2,281-85.3% |
| Participant deferral / active EE | $435 | $2,856-84.8% | $3,550-87.7% | $3,203-86.4% |
| Admin fee / account holder | $0 | $4,261-100.0% | $5,586-100.0% | $4,296-100.0% |