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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 | $55,303 | $102,938-46.3% | $94,105-41.2% | $138,895-60.2% |
| Participation rate | 45.8% | 74.6%-28.8pp | 71.9%-26.1pp | 79.9%-34.1pp |
| Annual return | 10.71% | 250.28%-239.6pp | 204.55%-193.8pp | 145.39%-134.7pp |
| Employer contribution / active EE | $0 | $2,732-100.0% | $2,504-100.0% | $4,194-100.0% |
| Participant deferral / active EE | $373 | $4,196-91.1% | $3,881-90.4% | $6,396-94.2% |
| Admin fee / account holder | $285 | $6,600-95.7% | $6,199-95.4% | $12,562-97.7% |