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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 | $26,247 | $110,307-76.2% | $96,576-72.8% | $139,456-81.2% |
| Participation rate | 60.0% | 78.1%-18.1pp | 76.0%-16.0pp | 80.3%-20.3pp |
| Annual return | 13.39% | 26.40%-13.0pp | 25.87%-12.5pp | 373.45%-360.1pp |
| Employer contribution / active EE | $408 | $3,619-88.7% | $2,965-86.2% | $4,753-91.4% |
| Participant deferral / active EE | $1,513 | $5,547-72.7% | $4,851-68.8% | $6,711-77.5% |
| Admin fee / account holder | $105 | $11,597-99.1% | $8,253-98.7% | $11,407-99.1% |