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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 | $76,407-65.5% | $150,298-82.4% | $82,448-68.0% |
| Participation rate | 15.6% | 66.4%-50.8pp | 77.8%-62.1pp | 68.1%-52.4pp |
| Annual return | 20.63% | 39.99%-19.4pp | 62.79%-42.2pp | 41.64%-21.0pp |
| Employer contribution / active EE | $0 | $2,614-100.0% | $4,154-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $648 | $3,214-79.8% | $5,453-88.1% | $4,139-84.3% |
| Admin fee / account holder | $252 | $6,352-96.0% | $14,116-98.2% | $7,234-96.5% |