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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 | $15,399 | $86,050-82.1% | $189,758-91.9% | $94,015-83.6% |
| Participation rate | 45.2% | 68.9%-23.7pp | 79.8%-34.6pp | 70.8%-25.7pp |
| Annual return | 15.77% | 17.77%-2.0pp | 52.62%-36.9pp | 17.84%-2.1pp |
| Employer contribution / active EE | $163 | $2,819-94.2% | $4,767-96.6% | $2,790-94.2% |
| Participant deferral / active EE | $635 | $3,349-81.0% | $5,856-89.2% | $4,249-85.1% |
| Admin fee / account holder | $28 | $6,627-99.6% | $20,388-99.9% | $8,951-99.7% |