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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 | $14,961 | $107,944-86.1% | $91,994-83.7% | $152,885-90.2% |
| Participation rate | 36.4% | 81.2%-44.8pp | 78.6%-42.3pp | 82.5%-46.1pp |
| Annual return | 24.23% | 89.26%-65.0pp | 69.03%-44.8pp | 345.39%-321.2pp |
| Employer contribution / active EE | $0 | $4,210-100.0% | $3,452-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $1,525 | $6,365-76.0% | $5,923-74.3% | $5,851-73.9% |
| Admin fee / account holder | $19 | $10,521-99.8% | $7,743-99.8% | $11,598-99.8% |