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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 | $52,972 | $73,988-28.4% | $96,538-45.1% | $75,177-29.5% |
| Participation rate | 8.1% | 66.4%-58.3pp | 74.3%-66.2pp | 67.2%-59.1pp |
| Annual return | 18.60% | 26.73%-8.1pp | 35.74%-17.1pp | 160.75%-142.1pp |
| Employer contribution / active EE | $131 | $2,930-95.5% | $3,740-96.5% | $2,671-95.1% |
| Participant deferral / active EE | $214 | $3,660-94.1% | $4,880-95.6% | $4,126-94.8% |
| Admin fee / account holder | $154 | $5,220-97.0% | $6,737-97.7% | $5,651-97.3% |