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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 | $22,887 | $77,638-70.5% | $156,551-85.4% | $62,881-63.6% |
| Participation rate | 15.4% | 71.2%-55.8pp | 84.0%-68.6pp | 69.3%-53.9pp |
| Annual return | 9.90% | 50.33%-40.4pp | 32.23%-22.3pp | 20.14%-10.2pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $5,501-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $425 | $3,046-86.0% | $4,871-91.3% | $3,203-86.7% |
| Admin fee / account holder | $79 | $5,561-98.6% | $13,028-99.4% | $4,296-98.2% |