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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 | $20,836 | $43,730-52.4% | $121,208-82.8% | $64,181-67.5% |
| Participation rate | 30.9% | 58.3%-27.4pp | 71.8%-40.9pp | 69.6%-38.7pp |
| Annual return | 0.00% | 68.94%-68.9pp | 16.93%-16.9pp | 7.63%-7.6pp |
| Employer contribution / active EE | $196 | $1,297-84.9% | $4,023-95.1% | $2,381-91.8% |
| Participant deferral / active EE | $824 | $2,281-63.9% | $3,345-75.4% | $3,470-76.3% |
| Admin fee / account holder | $0 | $3,502-100.0% | $5,020-100.0% | $4,887-100.0% |