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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 | $53,951 | $89,367-39.6% | $141,191-61.8% | $72,975-26.1% |
| Participation rate | 12.1% | 75.1%-63.0pp | 82.5%-70.4pp | 69.5%-57.4pp |
| Annual return | 20.25% | 111.87%-91.6pp | 71.41%-51.2pp | 81.01%-60.8pp |
| Employer contribution / active EE | $120 | $3,115-96.1% | $4,736-97.5% | $2,440-95.1% |
| Participant deferral / active EE | $1,342 | $5,419-75.2% | $6,710-80.0% | $3,608-62.8% |
| Admin fee / account holder | $17 | $5,957-99.7% | $10,264-99.8% | $5,124-99.7% |