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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 | $31,791 | $117,895-73.0% | $102,460-69.0% | $145,897-78.2% |
| Participation rate | 30.0% | 78.6%-48.6pp | 76.5%-46.5pp | 80.3%-50.3pp |
| Annual return | 14.10% | 31.92%-17.8pp | 29.47%-15.4pp | 552.29%-538.2pp |
| Employer contribution / active EE | $280 | $3,619-92.3% | $3,025-90.7% | $4,663-94.0% |
| Participant deferral / active EE | $323 | $5,736-94.4% | $5,056-93.6% | $6,689-95.2% |
| Admin fee / account holder | $187 | $13,353-98.6% | $9,460-98.0% | $13,390-98.6% |