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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 | $76,407-84.5% | $150,298-92.1% | $82,448-85.6% |
| Participation rate | 37.0% | 66.4%-29.4pp | 77.8%-40.7pp | 68.1%-31.0pp |
| Annual return | 19.37% | 39.99%-20.6pp | 62.79%-43.4pp | 41.64%-22.3pp |
| Employer contribution / active EE | $0 | $2,614-100.0% | $4,154-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $766 | $3,214-76.2% | $5,453-86.0% | $4,139-81.5% |
| Admin fee / account holder | $130 | $6,352-98.0% | $14,116-99.1% | $7,234-98.2% |