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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 | $14,336 | $52,279-72.6% | $89,414-84.0% | $79,852-82.0% |
| Participation rate | 10.5% | 57.5%-47.0pp | 68.0%-57.5pp | 69.6%-59.1pp |
| Annual return | 22.98% | 22.16%+0.8pp | 245.50%-222.5pp | 31.72%-8.7pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,586-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $340 | $2,740-87.6% | $3,890-91.3% | $3,740-90.9% |
| Admin fee / account holder | $0 | $3,356-100.0% | $4,883-100.0% | $5,306-100.0% |