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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 | $27,011 | $54,541-50.5% | $78,778-65.7% | $70,124-61.5% |
| Participation rate | 17.2% | 60.8%-43.6pp | 69.2%-51.9pp | 69.5%-52.3pp |
| Annual return | 17.41% | 21.07%-3.7pp | 35.62%-18.2pp | 73.14%-55.7pp |
| Employer contribution / active EE | $0 | $1,089-100.0% | $1,986-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $336 | $2,210-84.8% | $2,958-88.6% | $3,332-89.9% |
| Admin fee / account holder | $7 | $3,709-99.8% | $5,134-99.9% | $4,645-99.8% |