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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 | $78,684 | $118,708-33.7% | $98,920-20.5% | $158,982-50.5% |
| Participation rate | 15.4% | 77.8%-62.4pp | 76.0%-60.6pp | 82.0%-66.6pp |
| Annual return | 14.03% | 372.49%-358.5pp | 196.47%-182.4pp | 302.99%-289.0pp |
| Employer contribution / active EE | $0 | $3,334-100.0% | $2,689-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $458 | $5,089-91.0% | $4,245-89.2% | $5,983-92.4% |
| Admin fee / account holder | $27 | $10,134-99.7% | $6,643-99.6% | $11,252-99.8% |