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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 | $47,334 | $58,848-19.6% | $88,179-46.3% | $82,637-42.7% |
| Participation rate | 9.6% | 57.9%-48.3pp | 69.1%-59.5pp | 68.1%-58.4pp |
| Annual return | 14.91% | 22.76%-7.8pp | 64.97%-50.1pp | 53.51%-38.6pp |
| Employer contribution / active EE | $0 | $1,678-100.0% | $2,549-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $746 | $3,124-76.1% | $4,614-83.8% | $4,126-81.9% |
| Admin fee / account holder | $194 | $4,795-96.0% | $7,673-97.5% | $7,339-97.4% |