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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 | $30,663 | $81,276-62.3% | $155,574-80.3% | $80,925-62.1% |
| Participation rate | 25.9% | 66.2%-40.3pp | 78.2%-52.3pp | 67.7%-41.7pp |
| Annual return | 17.99% | 33.36%-15.4pp | 64.87%-46.9pp | 35.65%-17.7pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $4,676-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $340 | $3,453-90.1% | $5,629-94.0% | $4,299-92.1% |
| Admin fee / account holder | $195 | $7,993-97.6% | $15,914-98.8% | $6,940-97.2% |