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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 | $32,505 | $47,944-32.2% | $67,834-52.1% | $62,881-48.3% |
| Participation rate | 18.2% | 61.1%-42.9pp | 68.8%-50.6pp | 69.3%-51.1pp |
| Annual return | 5.60% | 11.77%-6.2pp | 138.47%-132.9pp | 20.14%-14.5pp |
| Employer contribution / active EE | $209 | $1,562-86.6% | $2,403-91.3% | $2,281-90.8% |
| Participant deferral / active EE | $279 | $2,247-87.6% | $3,160-91.2% | $3,203-91.3% |
| Admin fee / account holder | $207 | $3,712-94.4% | $4,622-95.5% | $4,296-95.2% |