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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 | $46,304 | $51,207-9.6% | $70,565-34.4% | $75,177-38.4% |
| Participation rate | 7.7% | 61.0%-53.3pp | 68.4%-60.7pp | 67.2%-59.5pp |
| Annual return | 21.57% | 30.05%-8.5pp | 32.79%-11.2pp | 160.75%-139.2pp |
| Employer contribution / active EE | $250 | $1,826-86.3% | $2,976-91.6% | $2,671-90.7% |
| Participant deferral / active EE | $659 | $2,850-76.9% | $4,568-85.6% | $4,126-84.0% |
| Admin fee / account holder | $230 | $4,097-94.4% | $6,430-96.4% | $5,651-95.9% |