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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 | $12,186 | $45,041-72.9% | $63,003-80.7% | $70,131-82.6% |
| Participation rate | 15.6% | 69.5%-54.0pp | 74.8%-59.3pp | 69.5%-54.0pp |
| Annual return | 26.18% | 18.76%+7.4pp | 87.59%-61.4pp | 73.14%-47.0pp |
| Employer contribution / active EE | $300 | $2,052-85.4% | $2,760-89.1% | $2,342-87.2% |
| Participant deferral / active EE | $425 | $2,465-82.8% | $3,329-87.2% | $3,332-87.2% |
| Admin fee / account holder | $0 | $2,836-100.0% | $3,600-100.0% | $4,645-100.0% |