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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 | $17,547 | $41,150-57.4% | $80,627-78.2% | $71,511-75.5% |
| Participation rate | 7.3% | 50.3%-42.9pp | 67.0%-59.7pp | 67.9%-60.6pp |
| Annual return | 15.94% | 38.48%-22.5pp | 936.76%-920.8pp | 28.86%-12.9pp |
| Employer contribution / active EE | $0 | $1,515-100.0% | $2,723-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $289 | $2,701-89.3% | $4,443-93.5% | $4,291-93.3% |
| Admin fee / account holder | $253 | $1,841-86.2% | $5,381-95.3% | $1,588-84.1% |