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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 | $60,105 | $69,590-13.6% | $136,867-56.1% | $94,015-36.1% |
| Participation rate | 6.0% | 66.3%-60.3pp | 74.5%-68.5pp | 70.8%-64.8pp |
| Annual return | 20.13% | 19.62%+0.5pp | 42.97%-22.8pp | 17.84%+2.3pp |
| Employer contribution / active EE | $236 | $2,396-90.1% | $3,547-93.3% | $2,790-91.5% |
| Participant deferral / active EE | $843 | $3,437-75.5% | $4,924-82.9% | $4,249-80.2% |
| Admin fee / account holder | $265 | $8,912-97.0% | $10,340-97.4% | $8,951-97.0% |