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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 | $58,849 | $136,307-56.8% | $106,619-44.8% | $273,972-78.5% |
| Participation rate | 27.8% | 84.8%-57.0pp | 78.0%-50.2pp | 83.0%-55.2pp |
| Annual return | 6.07% | 11.05%-5.0pp | 9.42%-3.4pp | 41.46%-35.4pp |
| Employer contribution / active EE | $233 | $5,190-95.5% | $3,947-94.1% | $4,869-95.2% |
| Participant deferral / active EE | $933 | $4,969-81.2% | $3,930-76.3% | $5,287-82.3% |
| Admin fee / account holder | $44 | $8,625-99.5% | $6,418-99.3% | $10,133-99.6% |