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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 | $68,880-58.7% | $120,580-76.4% | $80,959-64.8% |
| Participation rate | 20.6% | 61.7%-41.1pp | 72.0%-51.4pp | 67.7%-47.1pp |
| Annual return | 10.46% | 23.68%-13.2pp | 107.48%-97.0pp | 35.67%-25.2pp |
| Employer contribution / active EE | $378 | $2,066-81.7% | $3,469-89.1% | $2,757-86.3% |
| Participant deferral / active EE | $569 | $3,191-82.2% | $4,995-88.6% | $4,300-86.8% |
| Admin fee / account holder | $144 | $5,785-97.5% | $9,418-98.5% | $6,925-97.9% |