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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 | $67,143 | $101,063-33.6% | $81,473-17.6% | $147,586-54.5% |
| Participation rate | 5.0% | 74.5%-69.5pp | 68.0%-63.0pp | 82.8%-77.8pp |
| Annual return | 16.69% | 32.41%-15.7pp | 38.78%-22.1pp | 578.59%-561.9pp |
| Employer contribution / active EE | $75 | $3,206-97.7% | $2,568-97.1% | $4,876-98.5% |
| Participant deferral / active EE | $281 | $4,242-93.4% | $3,537-92.0% | $5,439-94.8% |
| Admin fee / account holder | $0 | $5,812-100.0% | $4,561-100.0% | $10,886-100.0% |