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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 | $31,349 | $106,749-70.6% | $145,433-78.4% | $82,448-62.0% |
| Participation rate | 10.0% | 75.6%-65.6pp | 82.1%-72.1pp | 68.1%-58.1pp |
| Annual return | 15.49% | 27.59%-12.1pp | 66.58%-51.1pp | 41.64%-26.2pp |
| Employer contribution / active EE | $0 | $3,444-100.0% | $4,554-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $849 | $6,519-87.0% | $7,897-89.2% | $4,139-79.5% |
| Admin fee / account holder | $117 | $8,390-98.6% | $13,129-99.1% | $7,234-98.4% |