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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 | $21,889 | $72,273-69.7% | $101,275-78.4% | $79,856-72.6% |
| Participation rate | 6.1% | 68.5%-62.3pp | 75.8%-69.7pp | 69.6%-63.5pp |
| Annual return | 18.00% | 22.30%-4.3pp | 46.48%-28.5pp | 31.71%-13.7pp |
| Employer contribution / active EE | $0 | $2,691-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $229 | $3,282-93.0% | $4,371-94.7% | $3,741-93.9% |
| Admin fee / account holder | $0 | $4,401-100.0% | $5,948-100.0% | $5,306-100.0% |