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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 | $51,631-49.5% | $129,397-79.8% | $80,925-67.8% |
| Participation rate | 2.4% | 56.9%-54.6pp | 69.6%-67.2pp | 67.7%-65.3pp |
| Annual return | 23.96% | 20.77%+3.2pp | 9453.98%-9430.0pp | 35.65%-11.7pp |
| Employer contribution / active EE | $0 | $1,583-100.0% | $4,154-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $0 | $2,670-100.0% | $4,167-100.0% | $4,299-100.0% |
| Admin fee / account holder | $197 | $4,309-95.4% | $7,679-97.4% | $6,940-97.2% |