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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 | $27,220 | $64,324-57.7% | $118,914-77.1% | $79,856-65.9% |
| Participation rate | 11.6% | 64.9%-53.3pp | 75.4%-63.8pp | 69.6%-58.0pp |
| Annual return | 12.18% | 86.45%-74.3pp | 35.89%-23.7pp | 31.71%-19.5pp |
| Employer contribution / active EE | $160 | $1,836-91.3% | $3,264-95.1% | $2,471-93.5% |
| Participant deferral / active EE | $241 | $2,824-91.5% | $4,266-94.4% | $3,741-93.6% |
| Admin fee / account holder | $74 | $4,040-98.2% | $6,582-98.9% | $5,306-98.6% |