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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 | $39,611 | $57,140-30.7% | $85,240-53.5% | $80,959-51.1% |
| Participation rate | 8.5% | 56.4%-47.9pp | 67.5%-59.0pp | 67.7%-59.1pp |
| Annual return | 10.77% | 21.71%-10.9pp | 66.75%-56.0pp | 35.67%-24.9pp |
| Employer contribution / active EE | $0 | $1,802-100.0% | $2,735-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $657 | $3,115-78.9% | $4,527-85.5% | $4,300-84.7% |
| Admin fee / account holder | $158 | $4,992-96.8% | $6,165-97.4% | $6,925-97.7% |