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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 | $36,753 | $98,760-62.8% | $149,715-75.5% | $79,858-54.0% |
| Participation rate | 56.4% | 75.8%-19.4pp | 82.5%-26.1pp | 69.6%-13.2pp |
| Annual return | 14.84% | 27.43%-12.6pp | 276.66%-261.8pp | 31.72%-16.9pp |
| Employer contribution / active EE | $0 | $3,217-100.0% | $4,645-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $1,962 | $5,681-65.5% | $6,842-71.3% | $3,740-47.6% |
| Admin fee / account holder | $151 | $6,053-97.5% | $9,310-98.4% | $5,306-97.2% |