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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 | $27,189 | $72,027-62.3% | $185,861-85.4% | $79,856-66.0% |
| Participation rate | 20.6% | 65.8%-45.2pp | 78.0%-57.5pp | 69.6%-49.1pp |
| Annual return | 19.82% | 23.13%-3.3pp | 35.96%-16.1pp | 31.71%-11.9pp |
| Employer contribution / active EE | $0 | $1,965-100.0% | $4,088-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $798 | $3,780-78.9% | $5,634-85.8% | $3,741-78.7% |
| Admin fee / account holder | $20 | $4,513-99.6% | $9,503-99.8% | $5,306-99.6% |