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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 | $31,601 | $63,082-49.9% | $81,726-61.3% | $79,856-60.4% |
| Participation rate | 16.4% | 67.5%-51.1pp | 72.0%-55.6pp | 69.6%-53.2pp |
| Annual return | 0.00% | 22.66%-22.7pp | 29.49%-29.5pp | 31.71%-31.7pp |
| Employer contribution / active EE | $0 | $1,795-100.0% | $4,311-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $925 | $2,780-66.7% | $7,108-87.0% | $3,741-75.3% |
| Admin fee / account holder | $89 | $4,428-98.0% | $5,160-98.3% | $5,306-98.3% |