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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 | $16,032 | $78,690-79.6% | $161,489-90.1% | $87,485-81.7% |
| Participation rate | 17.8% | 67.5%-49.7pp | 78.7%-60.9pp | 68.9%-51.1pp |
| Annual return | 16.61% | 32.74%-16.1pp | 89.72%-73.1pp | 26.06%-9.4pp |
| Employer contribution / active EE | $0 | $2,588-100.0% | $4,268-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $133 | $3,311-96.0% | $5,630-97.6% | $4,274-96.9% |
| Admin fee / account holder | $229 | $6,724-96.6% | $16,006-98.6% | $7,775-97.1% |