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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 | $13,133 | $85,024-84.6% | $70,544-81.4% | $139,466-90.6% |
| Participation rate | 44.4% | 73.9%-29.5pp | 68.4%-23.9pp | 80.3%-35.9pp |
| Annual return | 16.08% | 30.39%-14.3pp | 32.79%-16.7pp | 373.66%-357.6pp |
| Employer contribution / active EE | $0 | $3,912-100.0% | $2,976-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $922 | $5,891-84.3% | $4,568-79.8% | $6,712-86.3% |
| Admin fee / account holder | $67 | $8,928-99.3% | $6,427-99.0% | $11,409-99.4% |