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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 | $9,869 | $87,166-88.7% | $76,735-87.1% | $137,256-92.8% |
| Participation rate | 28.6% | 74.4%-45.8pp | 69.5%-40.9pp | 80.0%-51.4pp |
| Annual return | 21.86% | 26.50%-4.6pp | 29.77%-7.9pp | 220.34%-198.5pp |
| Employer contribution / active EE | $367 | $2,904-87.4% | $2,454-85.1% | $4,156-91.2% |
| Participant deferral / active EE | $927 | $4,726-80.4% | $4,088-77.3% | $6,407-85.5% |
| Admin fee / account holder | $128 | $8,403-98.5% | $7,189-98.2% | $12,270-99.0% |