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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 | $24,277 | $93,598-74.1% | $135,974-82.1% | $75,173-67.7% |
| Participation rate | 44.1% | 75.2%-31.1pp | 81.9%-37.8pp | 67.2%-23.1pp |
| Annual return | 18.85% | 30.89%-12.0pp | 68.30%-49.5pp | 160.72%-141.9pp |
| Employer contribution / active EE | $343 | $3,538-90.3% | $4,859-92.9% | $2,671-87.2% |
| Participant deferral / active EE | $2,068 | $6,405-67.7% | $7,760-73.3% | $4,126-49.9% |
| Admin fee / account holder | $7 | $6,978-99.9% | $10,767-99.9% | $5,651-99.9% |