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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 | $42,839 | $108,825-60.6% | $156,181-72.6% | $82,448-48.0% |
| Participation rate | 16.7% | 72.4%-55.7pp | 78.8%-62.2pp | 68.1%-51.4pp |
| Annual return | 16.65% | 20.59%-3.9pp | 64.87%-48.2pp | 41.64%-25.0pp |
| Employer contribution / active EE | $589 | $2,870-79.5% | $4,294-86.3% | $2,551-76.9% |
| Participant deferral / active EE | $647 | $4,577-85.9% | $6,132-89.5% | $4,139-84.4% |
| Admin fee / account holder | $266 | $9,341-97.2% | $14,586-98.2% | $7,234-96.3% |