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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 | $31,578 | $89,370-64.7% | $141,197-77.6% | $72,976-56.7% |
| Participation rate | 10.0% | 75.1%-65.1pp | 82.5%-72.5pp | 69.5%-59.5pp |
| Annual return | 19.91% | 111.88%-92.0pp | 71.41%-51.5pp | 81.02%-61.1pp |
| Employer contribution / active EE | $223 | $3,115-92.9% | $4,736-95.3% | $2,440-90.9% |
| Participant deferral / active EE | $412 | $5,419-92.4% | $6,710-93.9% | $3,608-88.6% |
| Admin fee / account holder | $0 | $5,957-100.0% | $10,265-100.0% | $5,124-100.0% |