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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 | $19,087 | $55,889-65.8% | $76,119-74.9% | $80,935-76.4% |
| Participation rate | 28.1% | 62.1%-33.9pp | 69.1%-40.9pp | 67.7%-39.5pp |
| Annual return | 80.81% | 20.58%+60.2pp | 361.25%-280.4pp | 35.66%+45.1pp |
| Employer contribution / active EE | $381 | $1,866-79.6% | $2,693-85.8% | $2,757-86.2% |
| Participant deferral / active EE | $879 | $3,051-71.2% | $4,259-79.4% | $4,299-79.6% |
| Admin fee / account holder | $130 | $5,241-97.5% | $6,421-98.0% | $6,924-98.1% |