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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 | $8,705 | $51,207-83.0% | $70,565-87.7% | $75,177-88.4% |
| Participation rate | 15.7% | 61.0%-45.2pp | 68.4%-52.6pp | 67.2%-51.5pp |
| Annual return | 28.83% | 30.05%-1.2pp | 32.79%-4.0pp | 160.75%-131.9pp |
| Employer contribution / active EE | $243 | $1,826-86.7% | $2,976-91.8% | $2,671-90.9% |
| Participant deferral / active EE | $613 | $2,850-78.5% | $4,568-86.6% | $4,126-85.1% |
| Admin fee / account holder | $43 | $4,097-98.9% | $6,430-99.3% | $5,651-99.2% |