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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 | $50,083 | $84,236-40.5% | $170,435-70.6% | $70,126-28.6% |
| Participation rate | 64.0% | 70.8%-6.8pp | 83.6%-19.6pp | 69.5%-5.5pp |
| Annual return | 28.46% | 23.06%+5.4pp | 205.94%-177.5pp | 73.15%-44.7pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $533 | $3,086-82.7% | $4,939-89.2% | $3,332-84.0% |
| Admin fee / account holder | $249 | $5,698-95.6% | $13,881-98.2% | $4,645-94.6% |