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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 | $26,413 | $115,814-77.2% | $105,223-74.9% | - |
| Participation rate | 27.3% | 57.0%-29.7pp | 75.0%-47.8pp | - |
| Annual return | 19.13% | 16.00%+3.1pp | 180.65%-161.5pp | - |
| Employer contribution / active EE | $305 | $2,099-85.4% | $3,689-91.7% | - |
| Participant deferral / active EE | $917 | $3,710-75.3% | $5,072-81.9% | - |
| Admin fee / account holder | $225 | $7,174-96.9% | $8,859-97.5% | - |