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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 | $35,113 | $67,602-48.1% | $82,312-57.3% | $70,126-49.9% |
| Participation rate | 22.6% | 72.8%-50.2pp | 76.9%-54.3pp | 69.5%-47.0pp |
| Annual return | 14.46% | 21.57%-7.1pp | 25.88%-11.4pp | 73.15%-58.7pp |
| Employer contribution / active EE | $305 | $1,755-82.6% | $2,428-87.4% | $2,343-87.0% |
| Participant deferral / active EE | $304 | $2,987-89.8% | $3,706-91.8% | $3,332-90.9% |
| Admin fee / account holder | $13 | $4,512-99.7% | $5,608-99.8% | $4,645-99.7% |