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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 | $20,564 | $95,406-78.4% | $185,849-88.9% | $85,847-76.0% |
| Participation rate | 42.3% | 68.8%-26.5pp | 81.7%-39.4pp | 69.3%-27.0pp |
| Annual return | 18.02% | 23.59%-5.6pp | 122.10%-104.1pp | 318.61%-300.6pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $587 | $3,424-82.8% | $5,569-89.5% | $3,952-85.1% |
| Admin fee / account holder | $166 | $7,214-97.7% | $16,244-99.0% | $6,261-97.4% |