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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 | $22,147 | $76,551-71.1% | $123,894-82.1% | $62,881-64.8% |
| Participation rate | 50.9% | 73.0%-22.1pp | 81.4%-30.5pp | 69.3%-18.4pp |
| Annual return | 0.00% | 18.68%-18.7pp | 47.52%-47.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $53 | $2,882-98.2% | $4,617-98.9% | $2,281-97.7% |
| Participant deferral / active EE | $259 | $4,840-94.6% | $5,984-95.7% | $3,203-91.9% |
| Admin fee / account holder | $0 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |