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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 | $27,613 | $197,819-86.0% | $155,789-82.3% | $125,389-78.0% |
| Participation rate | 30.0% | 82.1%-52.1pp | 76.1%-46.1pp | 83.2%-53.2pp |
| Annual return | 0.97% | 86.73%-85.8pp | 71.54%-70.6pp | 282.24%-281.3pp |
| Employer contribution / active EE | $243 | $4,850-95.0% | $3,839-93.7% | $4,866-95.0% |
| Participant deferral / active EE | $243 | $5,631-95.7% | $4,798-94.9% | $5,352-95.5% |
| Admin fee / account holder | $205 | $9,544-97.9% | $7,477-97.3% | $9,541-97.9% |