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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 | $36,923 | $106,280-65.3% | $96,538-61.8% | $139,487-73.5% |
| Participation rate | 54.2% | 77.8%-23.7pp | 74.3%-20.2pp | 80.3%-26.2pp |
| Annual return | 19.71% | 38.48%-18.8pp | 35.74%-16.0pp | 373.84%-354.1pp |
| Employer contribution / active EE | $641 | $4,107-84.4% | $3,740-82.9% | $4,755-86.5% |
| Participant deferral / active EE | $1,316 | $5,457-75.9% | $4,880-73.0% | $6,713-80.4% |
| Admin fee / account holder | $246 | $7,888-96.9% | $6,737-96.4% | $11,407-97.8% |