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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 | $20,305 | $78,015-74.0% | $178,505-88.6% | $80,959-74.9% |
| Participation rate | 21.4% | 65.7%-44.2pp | 77.1%-55.7pp | 67.7%-46.2pp |
| Annual return | 12.07% | 18.10%-6.0pp | 27.16%-15.1pp | 35.67%-23.6pp |
| Employer contribution / active EE | $0 | $2,281-100.0% | $3,955-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $351 | $4,406-92.0% | $6,280-94.4% | $4,300-91.8% |
| Admin fee / account holder | $70 | $7,160-99.0% | $10,428-99.3% | $6,925-99.0% |