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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 | $124,980-46.4% | $108,359-38.2% | $154,746-56.7% |
| Participation rate | 58.3% | 75.2%-16.8pp | 70.1%-11.8pp | 80.7%-22.4pp |
| Annual return | 15.32% | 45.00%-29.7pp | 36.89%-21.6pp | 172.34%-157.0pp |
| Employer contribution / active EE | $230 | $2,851-91.9% | $2,399-90.4% | $4,379-94.8% |
| Participant deferral / active EE | $1,196 | $4,743-74.8% | $4,137-71.1% | $6,730-82.2% |
| Admin fee / account holder | $255 | $11,502-97.8% | $9,741-97.4% | $14,365-98.2% |