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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 | $23,749 | $88,707-73.2% | $74,184-68.0% | $273,972-91.3% |
| Participation rate | 42.1% | 79.4%-37.3pp | 76.6%-34.5pp | 83.0%-40.9pp |
| Annual return | 4.02% | 11.94%-7.9pp | 17.74%-13.7pp | 41.46%-37.4pp |
| Employer contribution / active EE | $323 | $3,159-89.8% | $2,370-86.4% | $4,869-93.4% |
| Participant deferral / active EE | $584 | $4,212-86.1% | $3,550-83.5% | $5,287-89.0% |
| Admin fee / account holder | $0 | $8,717-100.0% | $5,586-100.0% | $10,133-100.0% |