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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 | $48,853 | $67,894-28.0% | $89,340-45.3% | $82,448-40.7% |
| Participation rate | 1.1% | 64.0%-63.0pp | 69.6%-68.5pp | 68.1%-67.0pp |
| Annual return | 17.31% | 19.21%-1.9pp | 20.57%-3.3pp | 41.64%-24.3pp |
| Employer contribution / active EE | $0 | $1,828-100.0% | $2,231-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $59 | $3,072-98.1% | $3,823-98.5% | $4,139-98.6% |
| Admin fee / account holder | $8 | $5,723-99.9% | $6,704-99.9% | $7,234-99.9% |