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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 | $19,583 | $96,524-79.7% | $75,900-74.2% | $152,909-87.2% |
| Participation rate | 60.9% | 76.2%-15.3pp | 69.3%-8.4pp | 82.5%-21.6pp |
| Annual return | 19.69% | 33.93%-14.2pp | 30.73%-11.0pp | 345.46%-325.8pp |
| Employer contribution / active EE | $249 | $3,311-92.5% | $2,501-90.1% | $4,764-94.8% |
| Participant deferral / active EE | $471 | $4,554-89.7% | $3,604-86.9% | $5,851-91.9% |
| Admin fee / account holder | $116 | $8,082-98.6% | $5,421-97.9% | $11,601-99.0% |