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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 | $51,315 | $106,749-51.9% | $145,433-64.7% | $82,448-37.8% |
| Participation rate | 9.1% | 75.6%-66.6pp | 82.1%-73.0pp | 68.1%-59.0pp |
| Annual return | 20.58% | 27.59%-7.0pp | 66.58%-46.0pp | 41.64%-21.1pp |
| Employer contribution / active EE | $65 | $3,444-98.1% | $4,554-98.6% | $2,551-97.5% |
| Participant deferral / active EE | $750 | $6,519-88.5% | $7,897-90.5% | $4,139-81.9% |
| Admin fee / account holder | $293 | $8,390-96.5% | $13,129-97.8% | $7,234-95.9% |