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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 | $24,571 | $57,739-57.4% | $112,273-78.1% | $74,460-67.0% |
| Participation rate | 3.3% | 55.6%-52.3pp | 72.4%-69.2pp | 70.7%-67.5pp |
| Annual return | 17.03% | 19.52%-2.5pp | 30.23%-13.2pp | 34.38%-17.3pp |
| Employer contribution / active EE | $92 | $1,675-94.5% | $3,431-97.3% | $2,638-96.5% |
| Participant deferral / active EE | $188 | $2,891-93.5% | $4,800-96.1% | $4,530-95.8% |
| Admin fee / account holder | $53 | $462-88.5% | $7,752-99.3% | $348-84.7% |