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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 | $43,594 | $86,891-49.8% | $142,516-69.4% | $75,173-42.0% |
| Participation rate | 12.6% | 68.5%-55.9pp | 76.8%-64.1pp | 67.2%-54.6pp |
| Annual return | 15.13% | 23.31%-8.2pp | 19.99%-4.9pp | 160.72%-145.6pp |
| Employer contribution / active EE | $860 | $3,355-74.4% | $4,849-82.3% | $2,671-67.8% |
| Participant deferral / active EE | $932 | $4,938-81.1% | $6,280-85.2% | $4,126-77.4% |
| Admin fee / account holder | $131 | $7,299-98.2% | $10,008-98.7% | $5,651-97.7% |