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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 | $27,785 | $81,358-65.8% | $155,556-82.1% | $80,959-65.7% |
| Participation rate | 6.5% | 66.3%-59.7pp | 78.2%-71.7pp | 67.7%-61.1pp |
| Annual return | 13.08% | 33.39%-20.3pp | 64.84%-51.8pp | 35.67%-22.6pp |
| Employer contribution / active EE | $47 | $3,106-98.5% | $4,675-99.0% | $2,757-98.3% |
| Participant deferral / active EE | $769 | $3,455-77.8% | $5,631-86.3% | $4,300-82.1% |
| Admin fee / account holder | $165 | $7,994-97.9% | $15,885-99.0% | $6,925-97.6% |