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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 | $63,893 | $99,032-35.5% | $80,022-20.2% | $135,379-52.8% |
| Participation rate | 12.5% | 78.4%-65.9pp | 75.8%-63.3pp | 82.6%-70.1pp |
| Annual return | -5.40% | 15.39%-20.8pp | 11.22%-16.6pp | 519.79%-525.2pp |
| Employer contribution / active EE | $195 | $3,043-93.6% | $2,468-92.1% | $4,779-95.9% |
| Participant deferral / active EE | $537 | $4,282-87.5% | $3,686-85.4% | $5,609-90.4% |
| Admin fee / account holder | $0 | $10,436-100.0% | $6,521-100.0% | $10,828-100.0% |