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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 | $26,379 | $77,814-66.1% | $158,223-83.3% | $86,983-69.7% |
| Participation rate | 15.6% | 68.4%-52.8pp | 79.2%-63.6pp | 69.5%-53.9pp |
| Annual return | 20.63% | 30.54%-9.9pp | 52.09%-31.5pp | 25.83%-5.2pp |
| Employer contribution / active EE | $0 | $2,592-100.0% | $4,109-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $648 | $3,270-80.2% | $5,467-88.1% | $4,194-84.5% |
| Admin fee / account holder | $252 | $5,879-95.7% | $16,047-98.4% | $7,856-96.8% |