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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 | $38,515 | $117,829-67.3% | $102,423-62.4% | $145,877-73.6% |
| Participation rate | 20.0% | 78.6%-58.6pp | 76.5%-56.5pp | 80.3%-60.3pp |
| Annual return | 19.17% | 31.83%-12.7pp | 29.42%-10.3pp | 551.28%-532.1pp |
| Employer contribution / active EE | $0 | $3,615-100.0% | $3,023-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $438 | $5,732-92.4% | $5,054-91.3% | $6,691-93.4% |
| Admin fee / account holder | $1 | $13,335-100.0% | $9,455-100.0% | $13,402-100.0% |