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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 | $26,434 | $69,273-61.8% | $90,796-70.9% | $82,637-68.0% |
| Participation rate | 9.5% | 64.0%-54.5pp | 69.5%-60.0pp | 68.1%-58.5pp |
| Annual return | 13.28% | 18.37%-5.1pp | 19.29%-6.0pp | 53.51%-40.2pp |
| Employer contribution / active EE | $181 | $1,865-90.3% | $2,294-92.1% | $2,552-92.9% |
| Participant deferral / active EE | $680 | $3,047-77.7% | $3,822-82.2% | $4,126-83.5% |
| Admin fee / account holder | $227 | $5,511-95.9% | $7,024-96.8% | $7,339-96.9% |