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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 | $40,581 | $125,797-67.7% | $170,028-76.1% | $75,181-46.0% |
| Participation rate | 35.7% | 83.6%-47.9pp | 87.0%-51.3pp | 67.2%-31.5pp |
| Annual return | 23.72% | 27.20%-3.5pp | 53.39%-29.7pp | 160.69%-137.0pp |
| Employer contribution / active EE | $806 | $4,616-82.5% | $6,788-88.1% | $2,671-69.8% |
| Participant deferral / active EE | $2,619 | $6,838-61.7% | $10,409-74.8% | $4,126-36.5% |
| Admin fee / account holder | $300 | $8,177-96.3% | $12,820-97.7% | $5,650-94.7% |