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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 | $112,729-84.3% | $98,716-82.1% | $137,256-87.1% |
| Participation rate | 42.9% | 74.2%-31.4pp | 69.3%-26.4pp | 80.0%-37.1pp |
| Annual return | 19.25% | 38.48%-19.2pp | 31.81%-12.6pp | 220.34%-201.1pp |
| Employer contribution / active EE | $454 | $2,725-83.4% | $2,279-80.1% | $4,156-89.1% |
| Participant deferral / active EE | $778 | $4,640-83.2% | $4,048-80.8% | $6,407-87.9% |
| Admin fee / account holder | $194 | $10,129-98.1% | $8,703-97.8% | $12,270-98.4% |