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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 | $36,604 | $60,349-39.3% | $74,184-50.7% | $62,881-41.8% |
| Participation rate | 23.1% | 72.7%-49.7pp | 76.6%-53.5pp | 69.3%-46.2pp |
| Annual return | 6.88% | 21.38%-14.5pp | 17.74%-10.9pp | 20.14%-13.3pp |
| Employer contribution / active EE | $184 | $1,680-89.0% | $2,370-92.2% | $2,281-91.9% |
| Participant deferral / active EE | $634 | $2,856-77.8% | $3,550-82.1% | $3,203-80.2% |
| Admin fee / account holder | $0 | $4,261-100.0% | $5,586-100.0% | $4,296-100.0% |