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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 | $10,425 | $77,920-86.6% | $149,723-93.0% | $75,177-86.1% |
| Participation rate | 11.2% | 65.6%-54.3pp | 78.8%-67.5pp | 67.2%-56.0pp |
| Annual return | 41.84% | 31.72%+10.1pp | 134.50%-92.7pp | 160.75%-118.9pp |
| Employer contribution / active EE | $0 | $3,138-100.0% | $4,821-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $582 | $3,411-82.9% | $5,682-89.8% | $4,126-85.9% |
| Admin fee / account holder | $137 | $5,951-97.7% | $13,215-99.0% | $5,651-97.6% |