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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 | $25,409 | $52,678-51.8% | $75,784-66.5% | $59,633-57.4% |
| Participation rate | 5.3% | 67.2%-62.0pp | 75.8%-70.6pp | 68.7%-63.4pp |
| Annual return | 0.49% | 2.95%-2.5pp | 9.68%-9.2pp | 2041.45%-2041.0pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,323-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $0 | $2,591-100.0% | $3,652-100.0% | $3,192-100.0% |
| Admin fee / account holder | $0 | $3,610-100.0% | $5,300-100.0% | $4,297-100.0% |