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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 | $19,106 | $49,025-61.0% | $87,507-78.2% | $62,891-69.6% |
| Participation rate | 54.0% | 64.9%-10.9pp | 73.8%-19.8pp | 69.3%-15.3pp |
| Annual return | 52.69% | 10.02%+42.7pp | 12.21%+40.5pp | 20.14%+32.5pp |
| Employer contribution / active EE | $0 | $1,372-100.0% | $2,550-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $556 | $2,289-75.7% | $3,149-82.4% | $3,203-82.6% |
| Admin fee / account holder | $205 | $4,065-95.0% | $4,221-95.2% | $4,296-95.2% |