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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 | $37,529 | $99,345-62.2% | $84,753-55.7% | $273,972-86.3% |
| Participation rate | 50.0% | 80.7%-30.7pp | 76.6%-26.6pp | 83.0%-33.0pp |
| Annual return | 10.30% | 22.93%-12.6pp | 22.78%-12.5pp | 41.46%-31.2pp |
| Employer contribution / active EE | $505 | $4,214-88.0% | $3,574-85.9% | $4,869-89.6% |
| Participant deferral / active EE | $505 | $4,270-88.2% | $3,712-86.4% | $5,287-90.4% |
| Admin fee / account holder | $272 | $6,645-95.9% | $5,333-94.9% | $10,133-97.3% |