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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 | $85,324 | $93,345-8.6% | $119,126-28.4% | $87,485-2.5% |
| Participation rate | 19.4% | 68.7%-49.4pp | 75.8%-56.4pp | 68.9%-49.6pp |
| Annual return | 19.62% | 19.08%+0.5pp | 282.11%-262.5pp | 26.06%-6.4pp |
| Employer contribution / active EE | $621 | $3,172-80.4% | $4,034-84.6% | $2,596-76.1% |
| Participant deferral / active EE | $1,071 | $4,099-73.9% | $5,318-79.9% | $4,274-74.9% |
| Admin fee / account holder | $20 | $8,039-99.8% | $10,693-99.8% | $7,775-99.7% |