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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 | $20,160 | $71,197-71.7% | $93,669-78.5% | $80,925-75.1% |
| Participation rate | 27.6% | 60.4%-32.8pp | 68.7%-41.1pp | 67.7%-40.0pp |
| Annual return | 10.90% | 11.27%-0.4pp | 133.59%-122.7pp | 35.65%-24.7pp |
| Employer contribution / active EE | $87 | $1,565-94.5% | $2,424-96.4% | $2,756-96.9% |
| Participant deferral / active EE | $660 | $4,036-83.6% | $4,416-85.0% | $4,299-84.6% |
| Admin fee / account holder | $203 | $6,959-97.1% | $8,291-97.6% | $6,940-97.1% |