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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 | $29,285 | $124,330-76.4% | $109,173-73.2% | $167,536-82.5% |
| Participation rate | 33.3% | 79.5%-46.1pp | 75.9%-42.5pp | 82.1%-48.8pp |
| Annual return | 12.18% | 26.04%-13.9pp | 25.75%-13.6pp | 478.82%-466.6pp |
| Employer contribution / active EE | $421 | $4,209-90.0% | $3,723-88.7% | $4,839-91.3% |
| Participant deferral / active EE | $421 | $5,256-92.0% | $4,654-91.0% | $6,342-93.4% |
| Admin fee / account holder | $171 | $7,974-97.9% | $6,755-97.5% | $12,315-98.6% |