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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 | $23,795 | $51,207-53.5% | $70,565-66.3% | $71,529-66.7% |
| Participation rate | 6.7% | 59.4%-52.6pp | 68.4%-61.6pp | 67.9%-61.2pp |
| Annual return | 25.69% | 42.71%-17.0pp | 32.79%-7.1pp | 28.97%-3.3pp |
| Employer contribution / active EE | $154 | $1,795-91.4% | $2,976-94.8% | $2,590-94.1% |
| Participant deferral / active EE | $283 | $3,033-90.7% | $4,568-93.8% | $4,291-93.4% |
| Admin fee / account holder | $37 | $2,002-98.2% | $6,430-99.4% | $1,588-97.7% |