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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 | $11,559 | $55,889-79.3% | $76,119-84.8% | $80,935-85.7% |
| Participation rate | 29.4% | 62.1%-32.7pp | 69.1%-39.7pp | 67.7%-38.2pp |
| Annual return | 16.09% | 20.58%-4.5pp | 361.25%-345.2pp | 35.66%-19.6pp |
| Employer contribution / active EE | $274 | $1,866-85.3% | $2,693-89.8% | $2,757-90.1% |
| Participant deferral / active EE | $996 | $3,051-67.4% | $4,259-76.6% | $4,299-76.8% |
| Admin fee / account holder | $128 | $5,241-97.5% | $6,421-98.0% | $6,924-98.1% |