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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 | $31,082 | $56,544-45.0% | $75,501-58.8% | $70,126-55.7% |
| Participation rate | 14.3% | 68.1%-53.8pp | 72.4%-58.1pp | 69.5%-55.3pp |
| Annual return | 19.21% | 23.59%-4.4pp | 27.35%-8.1pp | 73.15%-53.9pp |
| Employer contribution / active EE | $346 | $1,817-80.9% | $2,352-85.3% | $2,343-85.2% |
| Participant deferral / active EE | $790 | $2,580-69.4% | $3,142-74.9% | $3,332-76.3% |
| Admin fee / account holder | $113 | $3,827-97.1% | $5,801-98.1% | $4,645-97.6% |