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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 | $49,817 | $56,200-11.4% | $67,653-26.4% | $59,633-16.5% |
| Participation rate | 16.5% | 71.5%-55.0pp | 75.7%-59.2pp | 68.7%-52.2pp |
| Annual return | 0.36% | 18506.71%-18506.3pp | 6625.22%-6624.9pp | 2041.40%-2041.0pp |
| Employer contribution / active EE | $0 | $1,615-100.0% | $2,266-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $708 | $2,843-75.1% | $3,560-80.1% | $3,192-77.8% |
| Admin fee / account holder | $52 | $3,959-98.7% | $4,821-98.9% | $4,297-98.8% |