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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 | $32,650 | $72,404-54.9% | $110,243-70.4% | $64,173-49.1% |
| Participation rate | 8.1% | 73.3%-65.2pp | 79.8%-71.7pp | 69.6%-61.5pp |
| Annual return | 9.10% | -6.29%+15.4pp | 314.76%-305.7pp | 7.63%+1.5pp |
| Employer contribution / active EE | $0 | $2,282-100.0% | $3,827-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $205 | $3,469-94.1% | $4,672-95.6% | $3,470-94.1% |
| Admin fee / account holder | $81 | $5,664-98.6% | $8,548-99.1% | $4,887-98.3% |