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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 | $36,286 | $60,349-39.9% | $74,184-51.1% | $62,881-42.3% |
| Participation rate | 25.0% | 72.7%-47.7pp | 76.6%-51.6pp | 69.3%-44.3pp |
| Annual return | 8.47% | 21.38%-12.9pp | 17.74%-9.3pp | 20.14%-11.7pp |
| Employer contribution / active EE | $311 | $1,680-81.5% | $2,370-86.9% | $2,281-86.4% |
| Participant deferral / active EE | $311 | $2,856-89.1% | $3,550-91.2% | $3,203-90.3% |
| Admin fee / account holder | $114 | $4,261-97.3% | $5,586-98.0% | $4,296-97.4% |