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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 | $17,643 | $115,225-84.7% | $100,712-82.5% | $138,895-87.3% |
| Participation rate | 42.9% | 74.3%-31.5pp | 69.3%-26.4pp | 79.9%-37.1pp |
| Annual return | 19.25% | 40.35%-21.1pp | 33.27%-14.0pp | 145.39%-126.1pp |
| Employer contribution / active EE | $454 | $2,771-83.6% | $2,313-80.4% | $4,194-89.2% |
| Participant deferral / active EE | $778 | $4,699-83.5% | $4,085-81.0% | $6,396-87.8% |
| Admin fee / account holder | $194 | $10,844-98.2% | $9,256-97.9% | $12,562-98.5% |