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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 | $36,202 | $94,031-61.5% | $115,768-68.7% | $82,448-56.1% |
| Participation rate | 21.6% | 70.4%-48.8pp | 74.4%-52.8pp | 68.1%-46.4pp |
| Annual return | 33.61% | 20.61%+13.0pp | 100.46%-66.9pp | 41.64%-8.0pp |
| Employer contribution / active EE | $463 | $2,323-80.1% | $2,940-84.2% | $2,551-81.8% |
| Participant deferral / active EE | $1,617 | $3,972-59.3% | $4,917-67.1% | $4,139-60.9% |
| Admin fee / account holder | $250 | $10,249-97.6% | $12,439-98.0% | $7,234-96.5% |