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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 | $61,500 | $71,197-13.6% | $93,669-34.3% | $80,925-24.0% |
| Participation rate | 8.3% | 60.4%-52.1pp | 68.7%-60.4pp | 67.7%-59.3pp |
| Annual return | 18.85% | 11.27%+7.6pp | 133.59%-114.7pp | 35.65%-16.8pp |
| Employer contribution / active EE | $0 | $1,565-100.0% | $2,424-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $4,036-100.0% | $4,416-100.0% | $4,299-100.0% |
| Admin fee / account holder | $152 | $6,959-97.8% | $8,291-98.2% | $6,940-97.8% |