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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 | $12,648 | $58,627-78.4% | $76,735-83.5% | $82,448-84.7% |
| Participation rate | 41.4% | 63.2%-21.8pp | 69.5%-28.1pp | 68.1%-26.7pp |
| Annual return | 19.88% | 39.10%-19.2pp | 29.77%-9.9pp | 41.64%-21.8pp |
| Employer contribution / active EE | $0 | $1,729-100.0% | $2,454-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $360 | $3,134-88.5% | $4,088-91.2% | $4,139-91.3% |
| Admin fee / account holder | $24 | $5,323-99.6% | $7,189-99.7% | $7,234-99.7% |