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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 | $31,529 | $81,476-61.3% | $102,383-69.2% | $80,925-61.0% |
| Participation rate | 18.8% | 66.8%-48.1pp | 74.5%-55.8pp | 67.7%-48.9pp |
| Annual return | 13.16% | 25.59%-12.4pp | 24.94%-11.8pp | 35.65%-22.5pp |
| Employer contribution / active EE | $534 | $3,105-82.8% | $3,870-86.2% | $2,756-80.6% |
| Participant deferral / active EE | $1,586 | $3,871-59.0% | $5,060-68.7% | $4,299-63.1% |
| Admin fee / account holder | $204 | $6,717-97.0% | $8,391-97.6% | $6,940-97.1% |