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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 | $35,610 | $70,418-49.4% | $96,570-63.1% | $85,847-58.5% |
| Participation rate | 25.8% | 61.8%-36.0pp | 69.8%-44.0pp | 69.3%-43.5pp |
| Annual return | 14.61% | 18.59%-4.0pp | 37.79%-23.2pp | 318.61%-304.0pp |
| Employer contribution / active EE | $77 | $1,413-94.6% | $2,357-96.7% | $2,565-97.0% |
| Participant deferral / active EE | $933 | $2,894-67.7% | $3,849-75.8% | $3,952-76.4% |
| Admin fee / account holder | $14 | $4,995-99.7% | $6,182-99.8% | $6,261-99.8% |