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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 | $35,412 | $117,859-70.0% | $102,438-65.4% | $145,959-75.7% |
| Participation rate | 14.3% | 78.6%-64.3pp | 76.5%-62.2pp | 80.3%-66.0pp |
| Annual return | 12.21% | 31.72%-19.5pp | 29.37%-17.2pp | 561.95%-549.7pp |
| Employer contribution / active EE | $661 | $3,615-81.7% | $3,024-78.1% | $4,661-85.8% |
| Participant deferral / active EE | $1,597 | $5,732-72.1% | $5,054-68.4% | $6,689-76.1% |
| Admin fee / account holder | $188 | $13,318-98.6% | $9,448-98.0% | $13,398-98.6% |