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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 | $12,828 | $37,446-65.7% | $77,513-83.5% | $79,852-83.9% |
| Participation rate | 35.5% | 41.5%-6.0pp | 54.2%-18.7pp | 69.6%-34.2pp |
| Annual return | 21.28% | 39.76%-18.5pp | 54.81%-33.5pp | 31.72%-10.4pp |
| Employer contribution / active EE | $0 | $637-100.0% | $987-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $96 | $1,261-92.4% | $1,861-94.9% | $3,740-97.4% |
| Admin fee / account holder | $227 | $2,506-90.9% | $2,859-92.1% | $5,306-95.7% |