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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 | $41,534 | $65,041-36.1% | $90,965-54.3% | $79,858-48.0% |
| Participation rate | 8.1% | 61.6%-53.5pp | 69.0%-60.9pp | 69.6%-61.5pp |
| Annual return | 23.30% | 30.45%-7.1pp | 134.57%-111.3pp | 31.72%-8.4pp |
| Employer contribution / active EE | $0 | $1,247-100.0% | $2,122-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $0 | $2,512-100.0% | $3,373-100.0% | $3,740-100.0% |
| Admin fee / account holder | $91 | $4,536-98.0% | $5,960-98.5% | $5,306-98.3% |