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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 | $23,685 | $57,828-59.0% | $117,039-79.8% | $70,126-66.2% |
| Participation rate | 48.0% | 67.1%-19.1pp | 77.2%-29.2pp | 69.5%-21.5pp |
| Annual return | 14.85% | 17.55%-2.7pp | 18.95%-4.1pp | 73.15%-58.3pp |
| Employer contribution / active EE | $341 | $1,816-81.2% | $3,785-91.0% | $2,343-85.4% |
| Participant deferral / active EE | $820 | $2,438-66.4% | $3,929-79.1% | $3,332-75.4% |
| Admin fee / account holder | $253 | $3,548-92.9% | $5,974-95.8% | $4,645-94.6% |