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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 | $38,527 | $89,370-56.9% | $141,197-72.7% | $72,976-47.2% |
| Participation rate | 7.7% | 75.1%-67.4pp | 82.5%-74.8pp | 69.5%-61.8pp |
| Annual return | 29.96% | 111.88%-81.9pp | 71.41%-41.4pp | 81.02%-51.1pp |
| Employer contribution / active EE | $0 | $3,115-100.0% | $4,736-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $292 | $5,419-94.6% | $6,710-95.6% | $3,608-91.9% |
| Admin fee / account holder | $41 | $5,957-99.3% | $10,265-99.6% | $5,124-99.2% |