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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 | $49,058 | $57,073-14.0% | $85,126-42.4% | $80,925-39.4% |
| Participation rate | 19.2% | 56.4%-37.2pp | 67.5%-48.3pp | 67.7%-48.4pp |
| Annual return | 16.56% | 21.69%-5.1pp | 66.63%-50.1pp | 35.65%-19.1pp |
| Employer contribution / active EE | $0 | $1,801-100.0% | $2,731-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $386 | $3,113-87.6% | $4,523-91.5% | $4,299-91.0% |
| Admin fee / account holder | $15 | $4,988-99.7% | $6,160-99.8% | $6,940-99.8% |