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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 | $49,260 | $50,947-3.3% | $74,551-33.9% | $64,173-23.2% |
| Participation rate | 12.0% | 61.1%-49.1pp | 69.1%-57.1pp | 69.6%-57.6pp |
| Annual return | 82.73% | -1.85%+84.6pp | 32.53%+50.2pp | 7.63%+75.1pp |
| Employer contribution / active EE | $0 | $1,115-100.0% | $1,961-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $229 | $2,302-90.0% | $3,108-92.6% | $3,470-93.4% |
| Admin fee / account holder | $15 | $4,221-99.6% | $5,059-99.7% | $4,887-99.7% |