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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 | $106,864-52.0% | $147,318-65.2% | $82,637-37.9% |
| Participation rate | 9.1% | 75.5%-66.4pp | 82.1%-73.0pp | 68.1%-59.0pp |
| Annual return | 20.58% | 27.49%-6.9pp | 70.43%-49.9pp | 53.51%-32.9pp |
| Employer contribution / active EE | $65 | $3,417-98.1% | $4,593-98.6% | $2,552-97.5% |
| Participant deferral / active EE | $750 | $6,496-88.5% | $7,906-90.5% | $4,126-81.8% |
| Admin fee / account holder | $293 | $8,415-96.5% | $13,708-97.9% | $7,339-96.0% |