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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 | $23,109 | $44,425-48.0% | $67,834-65.9% | $55,167-58.1% |
| Participation rate | 16.3% | 59.7%-43.4pp | 68.8%-52.5pp | 69.0%-52.6pp |
| Annual return | 336.33% | 17.80%+318.5pp | 138.47%+197.9pp | 169.23%+167.1pp |
| Employer contribution / active EE | $0 | $1,351-100.0% | $2,403-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $508 | $2,166-76.6% | $3,160-83.9% | $3,054-83.4% |
| Admin fee / account holder | $183 | $530-65.6% | $4,622-96.0% | $504-63.8% |