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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 | $8,237 | $58,848-86.0% | $88,179-90.7% | $82,637-90.0% |
| Participation rate | 10.0% | 57.9%-47.9pp | 69.1%-59.1pp | 68.1%-58.1pp |
| Annual return | 20.32% | 22.76%-2.4pp | 64.97%-44.6pp | 53.51%-33.2pp |
| Employer contribution / active EE | $0 | $1,678-100.0% | $2,549-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $224 | $3,124-92.8% | $4,614-95.1% | $4,126-94.6% |
| Admin fee / account holder | $0 | $4,795-100.0% | $7,673-100.0% | $7,339-100.0% |