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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 | $40,608 | $86,940-53.3% | $102,434-60.4% | $80,935-49.8% |
| Participation rate | 54.3% | 72.4%-18.1pp | 76.5%-22.2pp | 67.7%-13.4pp |
| Annual return | 13.88% | 18.89%-5.0pp | 29.46%-15.6pp | 35.66%-21.8pp |
| Employer contribution / active EE | $428 | $2,370-81.9% | $3,023-85.8% | $2,757-84.5% |
| Participant deferral / active EE | $852 | $4,121-79.3% | $5,055-83.1% | $4,299-80.2% |
| Admin fee / account holder | $34 | $8,047-99.6% | $9,462-99.6% | $6,924-99.5% |