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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 | $27,031 | $58,828-54.1% | $78,002-65.3% | $62,881-57.0% |
| Participation rate | 36.7% | 71.1%-34.4pp | 75.5%-38.9pp | 69.3%-32.6pp |
| Annual return | 6.51% | 17.16%-10.6pp | 425.99%-419.5pp | 20.14%-13.6pp |
| Employer contribution / active EE | $0 | $1,672-100.0% | $2,470-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $566 | $2,686-78.9% | $3,497-83.8% | $3,203-82.3% |
| Admin fee / account holder | $13 | $4,393-99.7% | $5,481-99.8% | $4,296-99.7% |