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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 | $63,900 | $181,896-64.9% | $156,551-59.2% | $273,972-76.7% |
| Participation rate | 54.5% | 88.4%-33.8pp | 84.0%-29.5pp | 83.0%-28.5pp |
| Annual return | 5.31% | 30.74%-25.4pp | 32.23%-26.9pp | 41.46%-36.1pp |
| Employer contribution / active EE | $400 | $6,248-93.6% | $5,501-92.7% | $4,869-91.8% |
| Participant deferral / active EE | $1,509 | $5,550-72.8% | $4,871-69.0% | $5,287-71.5% |
| Admin fee / account holder | $268 | $15,560-98.3% | $13,028-97.9% | $10,133-97.4% |