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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 | $61,349 | $104,251-41.2% | $91,004-32.6% | $147,586-58.4% |
| Participation rate | 14.3% | 78.2%-64.0pp | 75.6%-61.3pp | 82.8%-68.5pp |
| Annual return | 13.77% | 27.06%-13.3pp | 4.60%+9.2pp | 578.59%-564.8pp |
| Employer contribution / active EE | $223 | $3,116-92.8% | $2,456-90.9% | $4,876-95.4% |
| Participant deferral / active EE | $614 | $4,195-85.4% | $3,548-82.7% | $5,439-88.7% |
| Admin fee / account holder | $0 | $8,948-100.0% | $5,417-100.0% | $10,886-100.0% |