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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 | $26,393 | $99,345-73.4% | $84,753-68.9% | $273,972-90.4% |
| Participation rate | 6.3% | 80.7%-74.4pp | 76.6%-70.3pp | 83.0%-76.8pp |
| Annual return | 6.14% | 22.93%-16.8pp | 22.78%-16.6pp | 41.46%-35.3pp |
| Employer contribution / active EE | $38 | $4,214-99.1% | $3,574-99.0% | $4,869-99.2% |
| Participant deferral / active EE | $204 | $4,270-95.2% | $3,712-94.5% | $5,287-96.1% |
| Admin fee / account holder | $0 | $6,645-100.0% | $5,333-100.0% | $10,133-100.0% |