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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 | $52,300 | $100,970-48.2% | $96,576-45.8% | $137,256-61.9% |
| Participation rate | 33.3% | 82.6%-49.3pp | 81.4%-48.1pp | 80.0%-46.6pp |
| Annual return | 20.50% | 38.16%-17.7pp | 38.47%-18.0pp | 220.34%-199.8pp |
| Employer contribution / active EE | $0 | $3,809-100.0% | $3,553-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $2,000 | $8,286-75.9% | $7,956-74.9% | $6,407-68.8% |
| Admin fee / account holder | $111 | $11,312-99.0% | $11,381-99.0% | $12,270-99.1% |