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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 | $66,950 | $156,616-57.3% | $133,346-49.8% | $198,609-66.3% |
| Participation rate | 58.3% | 77.7%-19.4pp | 72.8%-14.5pp | 82.4%-24.0pp |
| Annual return | 15.32% | 44.25%-28.9pp | 36.85%-21.5pp | 202.70%-187.4pp |
| Employer contribution / active EE | $230 | $3,368-93.2% | $2,853-91.9% | $5,055-95.5% |
| Participant deferral / active EE | $1,196 | $4,920-75.7% | $4,332-72.4% | $6,977-82.9% |
| Admin fee / account holder | $255 | $17,468-98.5% | $14,264-98.2% | $19,030-98.7% |