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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 | $36,941 | $67,602-45.4% | $82,312-55.1% | $70,126-47.3% |
| Participation rate | 43.6% | 72.8%-29.2pp | 76.9%-33.3pp | 69.5%-26.0pp |
| Annual return | 24.68% | 21.57%+3.1pp | 25.88%-1.2pp | 73.15%-48.5pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,428-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $521 | $2,987-82.6% | $3,706-85.9% | $3,332-84.4% |
| Admin fee / account holder | $245 | $4,512-94.6% | $5,608-95.6% | $4,645-94.7% |