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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 | $57,495 | $81,446-29.4% | $103,374-44.4% | $80,874-28.9% |
| Participation rate | 3.4% | 66.9%-63.5pp | 74.5%-71.1pp | 67.6%-64.3pp |
| Annual return | 12.34% | 25.57%-13.2pp | 24.89%-12.5pp | 35.62%-23.3pp |
| Employer contribution / active EE | $193 | $3,107-93.8% | $3,869-95.0% | $2,756-93.0% |
| Participant deferral / active EE | $575 | $3,870-85.2% | $5,058-88.6% | $4,297-86.6% |
| Admin fee / account holder | $288 | $6,715-95.7% | $8,394-96.6% | $6,935-95.8% |