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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 | $37,388 | $117,433-68.2% | $99,475-62.4% | $152,897-75.5% |
| Participation rate | 50.0% | 77.5%-27.5pp | 73.8%-23.8pp | 82.5%-32.5pp |
| Annual return | 20.76% | 31.87%-11.1pp | 30.72%-10.0pp | 345.43%-324.7pp |
| Employer contribution / active EE | $132 | $3,013-95.6% | $2,540-94.8% | $4,764-97.2% |
| Participant deferral / active EE | $622 | $4,086-84.8% | $3,619-82.8% | $5,851-89.4% |
| Admin fee / account holder | $0 | $7,634-100.0% | $6,252-100.0% | $11,599-100.0% |