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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 | $14,009 | $95,383-85.3% | $185,837-92.5% | $85,856-83.7% |
| Participation rate | 15.1% | 68.8%-53.7pp | 81.7%-66.6pp | 69.3%-54.2pp |
| Annual return | 14.42% | 23.59%-9.2pp | 122.08%-107.7pp | 318.58%-304.2pp |
| Employer contribution / active EE | $0 | $3,313-100.0% | $5,168-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $437 | $3,423-87.2% | $5,568-92.2% | $3,952-88.9% |
| Admin fee / account holder | $97 | $7,213-98.7% | $16,241-99.4% | $6,261-98.5% |