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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 | $14,679 | $29,051-49.5% | $52,425-72.0% | $67,986-78.4% |
| Participation rate | 2.0% | 30.4%-28.5pp | 55.6%-53.7pp | 57.2%-55.2pp |
| Annual return | 36.24% | 24.00%+12.2pp | 302.12%-265.9pp | 31.67%+4.6pp |
| Employer contribution / active EE | $0 | $412-100.0% | $914-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $146 | $873-83.3% | $1,790-91.8% | $3,358-95.7% |
| Admin fee / account holder | $80 | $2,113-96.2% | $2,495-96.8% | $3,203-97.5% |