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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 | $19,798 | $93,346-78.8% | $71,796-72.4% | $273,972-92.8% |
| Participation rate | 6.7% | 76.5%-69.9pp | 69.1%-62.4pp | 83.0%-76.3pp |
| Annual return | 8.70% | 130.39%-121.7pp | 78.04%-69.3pp | 41.46%-32.8pp |
| Employer contribution / active EE | $117 | $2,733-95.7% | $1,924-93.9% | $4,869-97.6% |
| Participant deferral / active EE | $114 | $3,475-96.7% | $2,794-95.9% | $5,287-97.8% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |