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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 | $21,103 | $99,345-78.8% | $84,753-75.1% | $273,972-92.3% |
| Participation rate | 54.5% | 80.7%-26.1pp | 76.6%-22.0pp | 83.0%-28.5pp |
| Annual return | 4.95% | 22.93%-18.0pp | 22.78%-17.8pp | 41.46%-36.5pp |
| Employer contribution / active EE | $0 | $4,214-100.0% | $3,574-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $522 | $4,270-87.8% | $3,712-85.9% | $5,287-90.1% |
| Admin fee / account holder | $127 | $6,645-98.1% | $5,333-97.6% | $10,133-98.7% |