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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 | $48,654 | $94,031-48.3% | $115,768-58.0% | $82,448-41.0% |
| Participation rate | 31.3% | 70.4%-39.2pp | 74.4%-43.1pp | 68.1%-36.8pp |
| Annual return | 15.80% | 20.61%-4.8pp | 100.46%-84.7pp | 41.64%-25.8pp |
| Employer contribution / active EE | $0 | $2,323-100.0% | $2,940-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $769 | $3,972-80.7% | $4,917-84.4% | $4,139-81.4% |
| Admin fee / account holder | $30 | $10,249-99.7% | $12,439-99.8% | $7,234-99.6% |