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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 | $14,918 | $84,236-82.3% | $170,435-91.2% | $70,126-78.7% |
| Participation rate | 31.8% | 70.8%-39.1pp | 83.6%-51.8pp | 69.5%-37.8pp |
| Annual return | 24.54% | 23.06%+1.5pp | 205.94%-181.4pp | 73.15%-48.6pp |
| Employer contribution / active EE | $338 | $3,387-90.0% | $5,432-93.8% | $2,343-85.6% |
| Participant deferral / active EE | $437 | $3,086-85.9% | $4,939-91.2% | $3,332-86.9% |
| Admin fee / account holder | $57 | $5,698-99.0% | $13,881-99.6% | $4,645-98.8% |