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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 | $25,858 | $105,623-75.5% | $87,502-70.4% | $273,972-90.6% |
| Participation rate | 50.0% | 78.2%-28.2pp | 73.8%-23.8pp | 83.0%-33.0pp |
| Annual return | 7.32% | 12.26%-4.9pp | 12.21%-4.9pp | 41.46%-34.1pp |
| Employer contribution / active EE | $64 | $3,141-98.0% | $2,550-97.5% | $4,869-98.7% |
| Participant deferral / active EE | $112 | $3,601-96.9% | $3,149-96.4% | $5,287-97.9% |
| Admin fee / account holder | $0 | $4,781-100.0% | $4,221-100.0% | $10,133-100.0% |