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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 | $38,103 | $99,921-61.9% | $85,009-55.2% | $145,959-73.9% |
| Participation rate | 35.0% | 74.1%-39.1pp | 67.5%-32.5pp | 80.3%-45.3pp |
| Annual return | 13.92% | 83.89%-70.0pp | 66.47%-52.5pp | 561.95%-548.0pp |
| Employer contribution / active EE | $0 | $3,233-100.0% | $2,728-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $720 | $5,293-86.4% | $4,522-84.1% | $6,689-89.2% |
| Admin fee / account holder | $224 | $7,252-96.9% | $6,153-96.4% | $13,398-98.3% |