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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 | $14,088 | $48,078-70.7% | $78,676-82.1% | $62,881-77.6% |
| Participation rate | 32.0% | 65.2%-33.2pp | 73.6%-41.6pp | 69.3%-37.3pp |
| Annual return | 5.39% | 31.36%-26.0pp | 62.19%-56.8pp | 20.14%-14.8pp |
| Employer contribution / active EE | $25 | $2,015-98.8% | $2,850-99.1% | $2,281-98.9% |
| Participant deferral / active EE | $676 | $2,587-73.9% | $3,517-80.8% | $3,203-78.9% |
| Admin fee / account holder | $254 | $3,206-92.1% | $4,510-94.4% | $4,296-94.1% |