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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 | $39,929 | $115,814-65.5% | $101,275-60.6% | $158,982-74.9% |
| Participation rate | 13.6% | 79.4%-65.7pp | 75.8%-62.2pp | 82.0%-68.3pp |
| Annual return | 21.03% | 56.16%-35.1pp | 46.48%-25.4pp | 302.99%-282.0pp |
| Employer contribution / active EE | $0 | $4,176-100.0% | $3,660-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $803 | $4,958-83.8% | $4,371-81.6% | $5,983-86.6% |
| Admin fee / account holder | $20 | $7,249-99.7% | $5,948-99.7% | $11,252-99.8% |