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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 | $31,304 | $48,053-34.9% | $84,628-63.0% | $72,975-57.1% |
| Participation rate | 32.7% | 57.6%-24.9pp | 68.2%-35.6pp | 69.5%-36.8pp |
| Annual return | 23.24% | 37.39%-14.2pp | 258.80%-235.6pp | 81.01%-57.8pp |
| Employer contribution / active EE | $85 | $1,602-94.7% | $2,653-96.8% | $2,440-96.5% |
| Participant deferral / active EE | $532 | $2,681-80.1% | $3,900-86.3% | $3,608-85.2% |
| Admin fee / account holder | $132 | $3,395-96.1% | $4,914-97.3% | $5,124-97.4% |