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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 | $42,278 | $92,798-54.4% | $96,707-56.3% | $137,256-69.2% |
| Participation rate | 50.0% | 81.6%-31.6pp | 80.4%-30.4pp | 80.0%-30.0pp |
| Annual return | 15.75% | 31.24%-15.5pp | 34.78%-19.0pp | 220.34%-204.6pp |
| Employer contribution / active EE | $902 | $4,147-78.2% | $4,191-78.5% | $4,156-78.3% |
| Participant deferral / active EE | $1,073 | $5,877-81.7% | $5,997-82.1% | $6,407-83.2% |
| Admin fee / account holder | $183 | $7,946-97.7% | $7,503-97.6% | $12,270-98.5% |