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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 | $24,961 | $124,346-79.9% | $111,308-77.6% | $167,536-85.1% |
| Participation rate | 26.7% | 79.6%-53.0pp | 77.3%-50.7pp | 82.1%-55.4pp |
| Annual return | 17.63% | 37.45%-19.8pp | 54.67%-37.0pp | 478.82%-461.2pp |
| Employer contribution / active EE | $0 | $3,437-100.0% | $2,732-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $1,252 | $5,182-75.8% | $4,487-72.1% | $6,342-80.3% |
| Admin fee / account holder | $209 | $10,621-98.0% | $7,965-97.4% | $12,315-98.3% |