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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 | $15,298 | $52,279-70.7% | $89,400-82.9% | $79,858-80.8% |
| Participation rate | 7.0% | 57.5%-50.5pp | 68.0%-60.9pp | 69.6%-62.6pp |
| Annual return | 12.36% | 22.16%-9.8pp | 245.64%-233.3pp | 31.72%-19.4pp |
| Employer contribution / active EE | $37 | $1,572-97.6% | $2,586-98.6% | $2,471-98.5% |
| Participant deferral / active EE | $80 | $2,740-97.1% | $3,890-98.0% | $3,740-97.9% |
| Admin fee / account holder | $0 | $3,356-100.0% | $4,882-100.0% | $5,306-100.0% |