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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 | $27,782 | $48,078-42.2% | $78,676-64.7% | $62,881-55.8% |
| Participation rate | 25.5% | 65.2%-39.7pp | 73.6%-48.0pp | 69.3%-43.8pp |
| Annual return | 14.91% | 31.36%-16.5pp | 62.19%-47.3pp | 20.14%-5.2pp |
| Employer contribution / active EE | $181 | $2,015-91.0% | $2,850-93.6% | $2,281-92.1% |
| Participant deferral / active EE | $586 | $2,587-77.4% | $3,517-83.3% | $3,203-81.7% |
| Admin fee / account holder | $204 | $3,206-93.6% | $4,510-95.5% | $4,296-95.3% |