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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 | $44,288 | $110,379-59.9% | $102,412-56.8% | $145,884-69.6% |
| Participation rate | 15.8% | 77.9%-62.1pp | 74.5%-58.7pp | 80.3%-64.5pp |
| Annual return | 18.24% | 24.84%-6.6pp | 24.94%-6.7pp | 551.85%-533.6pp |
| Employer contribution / active EE | $0 | $4,216-100.0% | $3,870-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $149 | $5,622-97.4% | $5,060-97.1% | $6,690-97.8% |
| Admin fee / account holder | $28 | $9,745-99.7% | $8,388-99.7% | $13,392-99.8% |