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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 | $73,878 | $78,027-5.3% | $178,528-58.6% | $80,925-8.7% |
| Participation rate | 29.3% | 65.7%-36.3pp | 77.1%-47.8pp | 67.7%-38.3pp |
| Annual return | 12.45% | 18.09%-5.6pp | 27.11%-14.7pp | 35.65%-23.2pp |
| Employer contribution / active EE | $97 | $2,281-95.8% | $3,950-97.5% | $2,756-96.5% |
| Participant deferral / active EE | $1,089 | $4,408-75.3% | $6,278-82.7% | $4,299-74.7% |
| Admin fee / account holder | $146 | $7,168-98.0% | $10,419-98.6% | $6,940-97.9% |