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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 | $73,910 | $115,903-36.2% | $100,528-26.5% | $158,966-53.5% |
| Participation rate | 50.0% | 81.6%-31.6pp | 79.4%-29.4pp | 82.0%-32.0pp |
| Annual return | 25.66% | 34.80%-9.1pp | 30.90%-5.2pp | 302.95%-277.3pp |
| Employer contribution / active EE | $0 | $4,105-100.0% | $3,419-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,138 | $6,677-83.0% | $6,271-81.9% | $5,983-81.0% |
| Admin fee / account holder | $40 | $11,000-99.6% | $8,084-99.5% | $11,250-99.6% |