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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 | $23,538 | $48,053-51.0% | $84,637-72.2% | $72,976-67.7% |
| Participation rate | 53.3% | 57.6%-4.2pp | 68.2%-14.9pp | 69.5%-16.2pp |
| Annual return | 22.24% | 37.39%-15.1pp | 258.82%-236.6pp | 81.02%-58.8pp |
| Employer contribution / active EE | $0 | $1,602-100.0% | $2,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $166 | $2,681-93.8% | $3,900-95.7% | $3,608-95.4% |
| Admin fee / account holder | $209 | $3,395-93.8% | $4,914-95.7% | $5,124-95.9% |