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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 | $69,273-29.5% | $90,796-46.2% | $82,637-40.9% |
| Participation rate | 1.1% | 64.0%-63.0pp | 69.5%-68.4pp | 68.1%-67.0pp |
| Annual return | 17.31% | 18.37%-1.1pp | 19.29%-2.0pp | 53.51%-36.2pp |
| Employer contribution / active EE | $0 | $1,865-100.0% | $2,294-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $59 | $3,047-98.1% | $3,822-98.5% | $4,126-98.6% |
| Admin fee / account holder | $8 | $5,511-99.9% | $7,024-99.9% | $7,339-99.9% |