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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 | $15,701 | $58,888-73.3% | $178,499-91.2% | $73,493-78.6% |
| Participation rate | 14.3% | 66.2%-51.9pp | 81.9%-67.6pp | 70.7%-56.4pp |
| Annual return | 32.43% | 24.86%+7.6pp | 151.10%-118.7pp | 28.51%+3.9pp |
| Employer contribution / active EE | $0 | $2,236-100.0% | $5,011-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $623 | $2,568-75.7% | $5,202-88.0% | $3,740-83.3% |
| Admin fee / account holder | $232 | $400-42.0% | $13,986-98.3% | $513-54.7% |