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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 | $35,119 | $49,164-28.6% | $121,169-71.0% | $75,181-53.3% |
| Participation rate | 6.2% | 55.4%-49.3pp | 69.5%-63.4pp | 67.2%-61.0pp |
| Annual return | 22.80% | 56.03%-33.2pp | 986.71%-963.9pp | 160.69%-137.9pp |
| Employer contribution / active EE | $98 | $1,546-93.6% | $4,168-97.6% | $2,671-96.3% |
| Participant deferral / active EE | $571 | $2,628-78.3% | $4,083-86.0% | $4,126-86.2% |
| Admin fee / account holder | $0 | $3,942-100.0% | $5,645-100.0% | $5,650-100.0% |