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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 | $43,424 | $78,707-44.8% | $117,861-63.2% | $70,126-38.1% |
| Participation rate | 42.6% | 73.2%-30.6pp | 79.7%-37.0pp | 69.5%-26.9pp |
| Annual return | 17.37% | 23.30%-5.9pp | 335.11%-317.7pp | 73.15%-55.8pp |
| Employer contribution / active EE | $440 | $2,223-80.2% | $3,786-88.4% | $2,343-81.2% |
| Participant deferral / active EE | $1,476 | $3,297-55.2% | $4,482-67.1% | $3,332-55.7% |
| Admin fee / account holder | $50 | $5,066-99.0% | $8,021-99.4% | $4,645-98.9% |