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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 | $14,017 | $81,276-82.8% | $155,574-91.0% | $80,925-82.7% |
| Participation rate | 17.6% | 66.2%-48.6pp | 78.2%-60.6pp | 67.7%-50.0pp |
| Annual return | 12.79% | 33.36%-20.6pp | 64.87%-52.1pp | 35.65%-22.9pp |
| Employer contribution / active EE | $344 | $3,103-88.9% | $4,676-92.6% | $2,756-87.5% |
| Participant deferral / active EE | $593 | $3,453-82.8% | $5,629-89.5% | $4,299-86.2% |
| Admin fee / account holder | $13 | $7,993-99.8% | $15,914-99.9% | $6,940-99.8% |