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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 | $32,693 | $136,860-76.1% | $120,344-72.8% | $154,746-78.9% |
| Participation rate | 33.3% | 79.9%-46.6pp | 76.7%-43.4pp | 80.7%-47.4pp |
| Annual return | 9.25% | 21.38%-12.1pp | 20.30%-11.0pp | 172.34%-163.1pp |
| Employer contribution / active EE | $128 | $3,533-96.4% | $3,020-95.8% | $4,379-97.1% |
| Participant deferral / active EE | $639 | $5,793-89.0% | $5,135-87.5% | $6,730-90.5% |
| Admin fee / account holder | $154 | $15,393-99.0% | $12,742-98.8% | $14,365-98.9% |