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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 | $61,528 | $116,203-47.1% | $93,621-34.3% | $152,897-59.8% |
| Participation rate | 68.4% | 78.1%-9.6pp | 75.8%-7.4pp | 82.5%-14.0pp |
| Annual return | 15.16% | 35.96%-20.8pp | 32.76%-17.6pp | 345.43%-330.3pp |
| Employer contribution / active EE | $0 | $3,219-100.0% | $2,719-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $623 | $4,605-86.5% | $4,070-84.7% | $5,851-89.3% |
| Admin fee / account holder | $221 | $10,751-97.9% | $7,890-97.2% | $11,599-98.1% |