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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 | $26,084 | $51,606-49.5% | $129,339-79.8% | $80,911-67.8% |
| Participation rate | 2.4% | 57.0%-54.6pp | 69.6%-67.3pp | 67.6%-65.3pp |
| Annual return | 23.96% | 20.76%+3.2pp | 9437.05%-9413.1pp | 35.63%-11.7pp |
| Employer contribution / active EE | $0 | $1,582-100.0% | $4,154-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $2,669-100.0% | $4,170-100.0% | $4,297-100.0% |
| Admin fee / account holder | $197 | $4,310-95.4% | $7,668-97.4% | $6,935-97.2% |