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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 | $50,784 | $63,346-19.8% | $92,240-44.9% | $70,126-27.6% |
| Participation rate | 17.5% | 68.7%-51.2pp | 76.5%-59.0pp | 69.5%-52.1pp |
| Annual return | 20.93% | 530.19%-509.3pp | 176.29%-155.4pp | 73.15%-52.2pp |
| Employer contribution / active EE | $0 | $2,471-100.0% | $3,680-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $338 | $2,854-88.1% | $3,897-91.3% | $3,332-89.8% |
| Admin fee / account holder | $233 | $3,841-93.9% | $5,194-95.5% | $4,645-95.0% |