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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 | $35,537 | $86,949-59.1% | $102,460-65.3% | $80,959-56.1% |
| Participation rate | 20.6% | 72.4%-51.8pp | 76.5%-55.9pp | 67.7%-47.0pp |
| Annual return | 11.68% | 18.89%-7.2pp | 29.47%-17.8pp | 35.67%-24.0pp |
| Employer contribution / active EE | $445 | $2,370-81.2% | $3,025-85.3% | $2,757-83.9% |
| Participant deferral / active EE | $516 | $4,121-87.5% | $5,056-89.8% | $4,300-88.0% |
| Admin fee / account holder | $38 | $8,048-99.5% | $9,460-99.6% | $6,925-99.5% |