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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 | $45,102 | $98,776-54.3% | $149,745-69.9% | $79,856-43.5% |
| Participation rate | 33.3% | 75.8%-42.5pp | 82.5%-49.1pp | 69.6%-36.3pp |
| Annual return | 0.00% | 27.38%-27.4pp | 276.72%-276.7pp | 31.71%-31.7pp |
| Employer contribution / active EE | $492 | $3,217-84.7% | $4,646-89.4% | $2,471-80.1% |
| Participant deferral / active EE | $896 | $5,681-84.2% | $6,843-86.9% | $3,741-76.1% |
| Admin fee / account holder | $248 | $6,053-95.9% | $9,312-97.3% | $5,306-95.3% |