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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 | $22,371 | $51,631-56.7% | $129,397-82.7% | $80,925-72.4% |
| Participation rate | 16.9% | 56.9%-40.0pp | 69.6%-52.7pp | 67.7%-50.7pp |
| Annual return | 11.97% | 20.77%-8.8pp | 9453.98%-9442.0pp | 35.65%-23.7pp |
| Employer contribution / active EE | $0 | $1,583-100.0% | $4,154-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $433 | $2,670-83.8% | $4,167-89.6% | $4,299-89.9% |
| Admin fee / account holder | $51 | $4,309-98.8% | $7,679-99.3% | $6,940-99.3% |