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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 | $60,442-21.7% | $96,754-51.1% | $87,485-45.9% |
| Participation rate | 9.6% | 58.7%-49.1pp | 70.3%-60.6pp | 68.9%-59.3pp |
| Annual return | 14.91% | 21.97%-7.1pp | 82.04%-67.1pp | 26.06%-11.2pp |
| Employer contribution / active EE | $0 | $1,691-100.0% | $2,679-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $746 | $3,280-77.3% | $4,758-84.3% | $4,274-82.6% |
| Admin fee / account holder | $194 | $5,069-96.2% | $8,905-97.8% | $7,775-97.5% |