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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 | $38,891 | $70,667-45.0% | $123,105-68.4% | $52,331-25.7% |
| Participation rate | 69.0% | 83.7%-14.7pp | 86.8%-17.7pp | 68.1%+0.9pp |
| Annual return | 0.00% | 6.23%-6.2pp | 13.22%-13.2pp | 4.54%-4.5pp |
| Employer contribution / active EE | $203 | $2,946-93.1% | $5,151-96.1% | $1,882-89.2% |
| Participant deferral / active EE | $358 | $4,493-92.0% | $6,229-94.3% | $3,022-88.2% |
| Admin fee / account holder | $0 | $506-100.0% | $9,014-100.0% | $592-100.0% |