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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 | $51,360 | $99,994-48.6% | $146,647-65.0% | $85,851-40.2% |
| Participation rate | 7.1% | 73.1%-65.9pp | 80.1%-72.9pp | 69.3%-62.2pp |
| Annual return | 42.19% | 18.93%+23.3pp | 22.75%+19.4pp | 318.63%-276.4pp |
| Employer contribution / active EE | $0 | $2,559-100.0% | $4,137-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $260 | $4,006-93.5% | $5,506-95.3% | $3,952-93.4% |
| Admin fee / account holder | $107 | $7,703-98.6% | $10,281-99.0% | $6,261-98.3% |