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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 | $93,810 | $106,923-12.3% | $84,023+11.6% | $152,909-38.6% |
| Participation rate | 22.7% | 75.3%-52.5pp | 69.0%-46.3pp | 82.5%-59.7pp |
| Annual return | 12.27% | 105.02%-92.7pp | 71.32%-59.0pp | 345.46%-333.2pp |
| Employer contribution / active EE | $0 | $2,735-100.0% | $1,984-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $820 | $4,013-79.6% | $3,239-74.7% | $5,851-86.0% |
| Admin fee / account holder | $30 | $8,289-99.6% | $6,102-99.5% | $11,601-99.7% |