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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 | $22,844 | $76,551-70.2% | $123,894-81.6% | $62,881-63.7% |
| Participation rate | 7.7% | 73.0%-65.3pp | 81.4%-73.7pp | 69.3%-61.6pp |
| Annual return | 10.48% | 18.68%-8.2pp | 47.52%-37.0pp | 20.14%-9.7pp |
| Employer contribution / active EE | $187 | $2,882-93.5% | $4,617-95.9% | $2,281-91.8% |
| Participant deferral / active EE | $731 | $4,840-84.9% | $5,984-87.8% | $3,203-77.2% |
| Admin fee / account holder | $0 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |