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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 | $23,150 | $135,956-83.0% | $123,894-81.3% | $273,972-91.6% |
| Participation rate | 33.3% | 84.1%-50.7pp | 81.4%-48.1pp | 83.0%-49.7pp |
| Annual return | 7.93% | 56.63%-48.7pp | 47.52%-39.6pp | 41.46%-33.5pp |
| Employer contribution / active EE | $400 | $5,170-92.3% | $4,617-91.3% | $4,869-91.8% |
| Participant deferral / active EE | $1,178 | $6,343-81.4% | $5,984-80.3% | $5,287-77.7% |
| Admin fee / account holder | $198 | $9,817-98.0% | $8,357-97.6% | $10,133-98.0% |