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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 | $35,080 | $228,352-84.6% | $185,827-81.1% | $158,950-77.9% |
| Participation rate | 50.0% | 82.3%-32.3pp | 78.0%-28.0pp | 82.0%-32.0pp |
| Annual return | 17.93% | 40.81%-22.9pp | 35.96%-18.0pp | 302.91%-285.0pp |
| Employer contribution / active EE | $0 | $4,967-100.0% | $4,087-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,192 | $6,416-81.4% | $5,633-78.8% | $5,983-80.1% |
| Admin fee / account holder | $183 | $11,867-98.5% | $9,502-98.1% | $11,248-98.4% |