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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 | $43,787 | $102,429-57.3% | $147,096-70.2% | $80,925-45.9% |
| Participation rate | 18.4% | 75.9%-57.4pp | 82.2%-63.8pp | 67.7%-49.2pp |
| Annual return | 16.18% | 135.02%-118.8pp | 419.75%-403.6pp | 35.65%-19.5pp |
| Employer contribution / active EE | $786 | $3,716-78.8% | $4,936-84.1% | $2,756-71.5% |
| Participant deferral / active EE | $2,338 | $6,649-64.8% | $8,071-71.0% | $4,299-45.6% |
| Admin fee / account holder | $290 | $7,957-96.4% | $13,005-97.8% | $6,940-95.8% |