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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 | $11,341 | $55,889-79.7% | $76,119-85.1% | $80,935-86.0% |
| Participation rate | 15.2% | 62.1%-46.9pp | 69.1%-53.9pp | 67.7%-52.5pp |
| Annual return | 15.86% | 20.58%-4.7pp | 361.25%-345.4pp | 35.66%-19.8pp |
| Employer contribution / active EE | $0 | $1,866-100.0% | $2,693-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $442 | $3,051-85.5% | $4,259-89.6% | $4,299-89.7% |
| Admin fee / account holder | $20 | $5,241-99.6% | $6,421-99.7% | $6,924-99.7% |