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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 | $30,499 | $58,726-48.1% | $92,240-66.9% | $62,293-51.0% |
| Participation rate | 16.5% | 68.3%-51.8pp | 76.5%-60.0pp | 69.5%-53.0pp |
| Annual return | 16.26% | 43.62%-27.4pp | 176.29%-160.0pp | 28.90%-12.6pp |
| Employer contribution / active EE | $0 | $2,392-100.0% | $3,680-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $741 | $2,766-73.2% | $3,897-81.0% | $3,169-76.6% |
| Admin fee / account holder | $0 | $556-100.0% | $5,194-100.0% | $479-100.0% |