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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 | $50,358 | $73,107-31.1% | $114,563-56.0% | $87,485-42.4% |
| Participation rate | 25.9% | 65.8%-39.9pp | 72.9%-47.0pp | 68.9%-43.0pp |
| Annual return | 21.94% | 19.47%+2.5pp | 241.09%-219.2pp | 26.06%-4.1pp |
| Employer contribution / active EE | $0 | $1,881-100.0% | $2,592-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $891 | $3,144-71.7% | $4,142-78.5% | $4,274-79.2% |
| Admin fee / account holder | $18 | $5,770-99.7% | $7,623-99.8% | $7,775-99.8% |