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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 | $21,710 | $72,272-70.0% | $101,264-78.6% | $79,858-72.8% |
| Participation rate | 1.4% | 68.5%-67.1pp | 75.8%-74.4pp | 69.6%-68.3pp |
| Annual return | 16.33% | 22.30%-6.0pp | 46.48%-30.2pp | 31.72%-15.4pp |
| Employer contribution / active EE | $0 | $2,692-100.0% | $3,660-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $0 | $3,282-100.0% | $4,370-100.0% | $3,740-100.0% |
| Admin fee / account holder | $57 | $4,401-98.7% | $5,947-99.0% | $5,306-98.9% |