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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 | $35,777 | $85,171-58.0% | $172,753-79.3% | $72,976-51.0% |
| Participation rate | 22.0% | 70.1%-48.1pp | 82.6%-60.7pp | 69.5%-47.5pp |
| Annual return | 17.98% | 27.32%-9.3pp | 803.00%-785.0pp | 81.02%-63.0pp |
| Employer contribution / active EE | $0 | $3,324-100.0% | $5,144-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $709 | $3,260-78.3% | $5,198-86.4% | $3,608-80.4% |
| Admin fee / account holder | $142 | $5,880-97.6% | $13,956-99.0% | $5,124-97.2% |