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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 | $65,847 | $118,708-44.5% | $98,920-33.4% | $158,966-58.6% |
| Participation rate | 61.5% | 77.8%-16.3pp | 76.0%-14.5pp | 82.0%-20.4pp |
| Annual return | 15.25% | 372.49%-357.2pp | 196.47%-181.2pp | 302.95%-287.7pp |
| Employer contribution / active EE | $0 | $3,334-100.0% | $2,689-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $872 | $5,089-82.9% | $4,245-79.5% | $5,983-85.4% |
| Admin fee / account holder | $184 | $10,134-98.2% | $6,643-97.2% | $11,250-98.4% |