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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 | $28,476 | $68,586-58.5% | $120,380-76.3% | $80,911-64.8% |
| Participation rate | 20.6% | 61.6%-41.0pp | 71.9%-51.3pp | 67.6%-47.1pp |
| Annual return | 10.46% | 23.62%-13.2pp | 107.28%-96.8pp | 35.63%-25.2pp |
| Employer contribution / active EE | $378 | $2,053-81.6% | $3,465-89.1% | $2,756-86.3% |
| Participant deferral / active EE | $569 | $3,174-82.1% | $4,992-88.6% | $4,297-86.8% |
| Admin fee / account holder | $144 | $5,733-97.5% | $9,421-98.5% | $6,935-97.9% |