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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 | $42,262 | $91,559-53.8% | $133,978-68.5% | $79,856-47.1% |
| Participation rate | 15.4% | 73.3%-58.0pp | 79.8%-64.5pp | 69.6%-54.3pp |
| Annual return | 14.44% | 61.85%-47.4pp | 45.10%-30.7pp | 31.71%-17.3pp |
| Employer contribution / active EE | $390 | $2,384-83.6% | $3,919-90.0% | $2,471-84.2% |
| Participant deferral / active EE | $815 | $3,734-78.2% | $5,047-83.9% | $3,741-78.2% |
| Admin fee / account holder | $5 | $6,321-99.9% | $8,930-99.9% | $5,306-99.9% |