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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 | $4,254 | $27,826-84.7% | $65,566-93.5% | $71,511-94.1% |
| Participation rate | 14.2% | 57.6%-43.4pp | 64.9%-50.8pp | 67.9%-53.8pp |
| Annual return | 43.61% | 41.56%+2.0pp | 47.40%-3.8pp | 28.86%+14.8pp |
| Employer contribution / active EE | $72 | $1,405-94.8% | $1,692-95.7% | $2,589-97.2% |
| Participant deferral / active EE | $133 | $1,861-92.8% | $2,832-95.3% | $4,291-96.9% |
| Admin fee / account holder | $253 | $3,850-93.4% | $4,114-93.8% | $1,588-84.1% |