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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 | $58,196 | $52,519+10.8% | $155,789-62.6% | $59,633-2.4% |
| Participation rate | 25.4% | 61.7%-36.3pp | 76.1%-50.7pp | 68.7%-43.2pp |
| Annual return | 0.72% | 53.51%-52.8pp | 71.54%-70.8pp | 2041.40%-2040.7pp |
| Employer contribution / active EE | $0 | $1,589-100.0% | $3,839-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $597 | $3,084-80.6% | $4,798-87.6% | $3,192-81.3% |
| Admin fee / account holder | $63 | $3,540-98.2% | $7,477-99.2% | $4,297-98.5% |