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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 | $6,888 | $37,446-81.6% | $77,513-91.1% | $79,852-91.4% |
| Participation rate | 19.4% | 41.5%-22.1pp | 54.2%-34.7pp | 69.6%-50.2pp |
| Annual return | 13.11% | 39.76%-26.7pp | 54.81%-41.7pp | 31.72%-18.6pp |
| Employer contribution / active EE | $83 | $637-87.0% | $987-91.6% | $2,471-96.7% |
| Participant deferral / active EE | $100 | $1,261-92.1% | $1,861-94.6% | $3,740-97.3% |
| Admin fee / account holder | $285 | $2,506-88.6% | $2,859-90.0% | $5,306-94.6% |