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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 | $107,666-51.4% | $102,184-48.8% | $154,746-66.2% |
| Participation rate | 33.3% | 83.7%-50.4pp | 82.6%-49.3pp | 80.7%-47.4pp |
| Annual return | 20.50% | 29.33%-8.8pp | 31.58%-11.1pp | 172.34%-151.8pp |
| Employer contribution / active EE | $0 | $3,846-100.0% | $3,594-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $2,000 | $8,719-77.1% | $8,309-75.9% | $6,730-70.3% |
| Admin fee / account holder | $111 | $12,943-99.1% | $11,609-99.0% | $14,365-99.2% |