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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 | $12,399 | $45,041-72.5% | $63,003-80.3% | $70,131-82.3% |
| Participation rate | 35.7% | 69.5%-33.8pp | 74.8%-39.1pp | 69.5%-33.8pp |
| Annual return | 13.70% | 18.76%-5.1pp | 87.59%-73.9pp | 73.14%-59.4pp |
| Employer contribution / active EE | $169 | $2,052-91.8% | $2,760-93.9% | $2,342-92.8% |
| Participant deferral / active EE | $427 | $2,465-82.7% | $3,329-87.2% | $3,332-87.2% |
| Admin fee / account holder | $26 | $2,836-99.1% | $3,600-99.3% | $4,645-99.4% |