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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 | $28,441 | $102,382-72.2% | $147,005-80.7% | $80,874-64.8% |
| Participation rate | 30.8% | 75.8%-45.1pp | 82.2%-51.4pp | 67.6%-36.9pp |
| Annual return | 22.00% | 134.89%-112.9pp | 418.76%-396.8pp | 35.62%-13.6pp |
| Employer contribution / active EE | $0 | $3,715-100.0% | $4,934-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,076 | $6,646-83.8% | $8,070-86.7% | $4,297-75.0% |
| Admin fee / account holder | $0 | $7,942-100.0% | $13,006-100.0% | $6,935-100.0% |