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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 | $88,996-88.9% | $78,004-87.3% | $138,895-92.9% |
| Participation rate | 28.6% | 74.4%-45.8pp | 69.4%-40.9pp | 79.9%-51.3pp |
| Annual return | 21.86% | 28.03%-6.2pp | 31.07%-9.2pp | 145.39%-123.5pp |
| Employer contribution / active EE | $367 | $2,917-87.4% | $2,469-85.2% | $4,194-91.3% |
| Participant deferral / active EE | $927 | $4,724-80.4% | $4,092-77.3% | $6,396-85.5% |
| Admin fee / account holder | $128 | $8,807-98.5% | $7,578-98.3% | $12,562-99.0% |