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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 | $9,569 | $81,262-88.2% | $155,602-93.9% | $80,911-88.2% |
| Participation rate | 15.7% | 66.2%-50.6pp | 78.2%-62.5pp | 67.6%-52.0pp |
| Annual return | 13.68% | 33.34%-19.7pp | 64.81%-51.1pp | 35.63%-21.9pp |
| Employer contribution / active EE | $310 | $3,102-90.0% | $4,675-93.4% | $2,756-88.8% |
| Participant deferral / active EE | $531 | $3,451-84.6% | $5,629-90.6% | $4,297-87.6% |
| Admin fee / account holder | $146 | $7,992-98.2% | $15,923-99.1% | $6,935-97.9% |