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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 | $47,596 | $67,606-29.6% | $82,313-42.2% | $70,124-32.1% |
| Participation rate | 17.9% | 72.8%-54.9pp | 76.9%-59.0pp | 69.5%-51.7pp |
| Annual return | 22.90% | 21.57%+1.3pp | 25.88%-3.0pp | 73.14%-50.2pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $650 | $2,987-78.2% | $3,706-82.5% | $3,332-80.5% |
| Admin fee / account holder | $0 | $4,512-100.0% | $5,608-100.0% | $4,645-100.0% |