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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 | $36,985 | $63,845-42.1% | $81,370-54.5% | $80,959-54.3% |
| Participation rate | 1.2% | 63.9%-62.7pp | 69.5%-68.4pp | 67.7%-66.5pp |
| Annual return | 30.42% | 16.37%+14.0pp | 24.85%+5.6pp | 35.67%-5.3pp |
| Employer contribution / active EE | $0 | $1,980-100.0% | $2,464-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $25 | $3,093-99.2% | $3,885-99.4% | $4,300-99.4% |
| Admin fee / account holder | $6 | $5,688-99.9% | $5,749-99.9% | $6,925-99.9% |