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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 | $11,880 | $78,690-84.9% | $161,489-92.6% | $87,485-86.4% |
| Participation rate | 37.0% | 67.5%-30.4pp | 78.7%-41.7pp | 68.9%-31.9pp |
| Annual return | 19.37% | 32.74%-13.4pp | 89.72%-70.4pp | 26.06%-6.7pp |
| Employer contribution / active EE | $0 | $2,588-100.0% | $4,268-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $766 | $3,311-76.9% | $5,630-86.4% | $4,274-82.1% |
| Admin fee / account holder | $130 | $6,724-98.1% | $16,006-99.2% | $7,775-98.3% |