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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 | $34,757 | $90,400-61.6% | $186,193-81.3% | $87,485-60.3% |
| Participation rate | 22.7% | 66.2%-43.5pp | 77.1%-54.4pp | 68.9%-46.2pp |
| Annual return | 20.44% | 22.15%-1.7pp | 78.03%-57.6pp | 26.06%-5.6pp |
| Employer contribution / active EE | $240 | $2,170-88.9% | $3,918-93.9% | $2,596-90.7% |
| Participant deferral / active EE | $705 | $4,330-83.7% | $6,513-89.2% | $4,274-83.5% |
| Admin fee / account holder | $19 | $8,673-99.8% | $11,058-99.8% | $7,775-99.8% |