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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 | $79,394 | $179,444-55.8% | $53,647+48.0% | - |
| Participation rate | 15.2% | 59.5%-44.3pp | 56.3%-41.1pp | - |
| Annual return | 5.48% | 15.96%-10.5pp | 358.33%-352.9pp | - |
| Employer contribution / active EE | $483 | $1,879-74.3% | $962-49.8% | - |
| Participant deferral / active EE | $1,052 | $3,588-70.7% | $1,813-42.0% | - |
| Admin fee / account holder | $0 | $21,474-100.0% | $2,460-100.0% | - |