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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 | $45,561 | $64,324-29.2% | $118,946-61.7% | $79,852-42.9% |
| Participation rate | 11.9% | 64.9%-53.0pp | 75.4%-63.5pp | 69.6%-57.7pp |
| Annual return | 12.63% | 86.45%-73.8pp | 35.89%-23.3pp | 31.72%-19.1pp |
| Employer contribution / active EE | $47 | $1,836-97.4% | $3,263-98.6% | $2,471-98.1% |
| Participant deferral / active EE | $55 | $2,824-98.0% | $4,266-98.7% | $3,740-98.5% |
| Admin fee / account holder | $0 | $4,040-100.0% | $6,581-100.0% | $5,306-100.0% |