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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 | $45,605 | $80,983-43.7% | $96,544-52.8% | $75,177-39.3% |
| Participation rate | 31.8% | 71.8%-40.0pp | 76.0%-44.2pp | 67.2%-35.4pp |
| Annual return | 16.69% | 27.05%-10.4pp | 25.88%-9.2pp | 160.75%-144.1pp |
| Employer contribution / active EE | $395 | $2,282-82.7% | $2,966-86.7% | $2,671-85.2% |
| Participant deferral / active EE | $1,124 | $3,929-71.4% | $4,851-76.8% | $4,126-72.8% |
| Admin fee / account holder | $96 | $6,717-98.6% | $8,254-98.8% | $5,651-98.3% |