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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 | $59,440-78.7% | $78,004-83.8% | $82,637-84.7% |
| Participation rate | 41.4% | 62.8%-21.4pp | 69.4%-28.1pp | 68.1%-26.7pp |
| Annual return | 19.88% | 40.24%-20.4pp | 31.07%-11.2pp | 53.51%-33.6pp |
| Employer contribution / active EE | $0 | $1,750-100.0% | $2,469-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $360 | $3,138-88.5% | $4,092-91.2% | $4,126-91.3% |
| Admin fee / account holder | $24 | $5,504-99.6% | $7,578-99.7% | $7,339-99.7% |