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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 | $52,350 | $105,284-50.3% | $150,734-65.3% | $94,015-44.3% |
| Participation rate | 10.3% | 71.7%-61.5pp | 78.4%-68.2pp | 70.8%-60.6pp |
| Annual return | 15.97% | 15.67%+0.3pp | 600.81%-584.8pp | 17.84%-1.9pp |
| Employer contribution / active EE | $191 | $3,599-94.7% | $4,918-96.1% | $2,790-93.2% |
| Participant deferral / active EE | $321 | $4,274-92.5% | $5,610-94.3% | $4,249-92.4% |
| Admin fee / account holder | $69 | $9,839-99.3% | $14,905-99.5% | $8,951-99.2% |