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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 | $25,693 | $57,828-55.6% | $117,039-78.0% | $70,126-63.4% |
| Participation rate | 12.0% | 67.1%-55.1pp | 77.2%-65.2pp | 69.5%-57.5pp |
| Annual return | 17.99% | 17.55%+0.4pp | 18.95%-1.0pp | 73.15%-55.2pp |
| Employer contribution / active EE | $289 | $1,816-84.1% | $3,785-92.4% | $2,343-87.7% |
| Participant deferral / active EE | $361 | $2,438-85.2% | $3,929-90.8% | $3,332-89.2% |
| Admin fee / account holder | $71 | $3,548-98.0% | $5,974-98.8% | $4,645-98.5% |