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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 | $24,943 | $110,212-77.4% | $96,534-74.2% | $139,466-82.1% |
| Participation rate | 37.5% | 78.1%-40.6pp | 76.0%-38.5pp | 80.3%-42.8pp |
| Annual return | 15.93% | 26.42%-10.5pp | 25.88%-10.0pp | 373.66%-357.7pp |
| Employer contribution / active EE | $200 | $3,620-94.5% | $2,965-93.2% | $4,754-95.8% |
| Participant deferral / active EE | $1,024 | $5,547-81.5% | $4,851-78.9% | $6,712-84.7% |
| Admin fee / account holder | $230 | $11,599-98.0% | $8,253-97.2% | $11,409-98.0% |