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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 | $23,366 | $56,134-58.4% | $96,192-75.7% | $85,851-72.8% |
| Participation rate | 19.1% | 56.7%-37.6pp | 68.4%-49.3pp | 69.3%-50.2pp |
| Annual return | 16.28% | 42.30%-26.0pp | 192.09%-175.8pp | 318.63%-302.4pp |
| Employer contribution / active EE | $217 | $1,620-86.6% | $2,799-92.2% | $2,565-91.5% |
| Participant deferral / active EE | $701 | $2,858-75.5% | $4,351-83.9% | $3,952-82.3% |
| Admin fee / account holder | $213 | $3,769-94.3% | $5,539-96.2% | $6,261-96.6% |