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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 | $18,183 | $84,233-78.4% | $170,436-89.3% | $70,131-74.1% |
| Participation rate | 5.4% | 70.8%-65.5pp | 83.6%-78.2pp | 69.5%-64.2pp |
| Annual return | 18.08% | 23.06%-5.0pp | 205.94%-187.9pp | 73.14%-55.1pp |
| Employer contribution / active EE | $71 | $3,387-97.9% | $5,433-98.7% | $2,342-97.0% |
| Participant deferral / active EE | $93 | $3,086-97.0% | $4,939-98.1% | $3,332-97.2% |
| Admin fee / account holder | $0 | $5,698-100.0% | $13,880-100.0% | $4,645-100.0% |