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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 | $49,996 | $73,787-32.2% | $98,716-49.4% | $82,448-39.4% |
| Participation rate | 4.0% | 61.4%-57.4pp | 69.3%-65.3pp | 68.1%-64.1pp |
| Annual return | 13.52% | 18.57%-5.0pp | 31.81%-18.3pp | 41.64%-28.1pp |
| Employer contribution / active EE | $9 | $1,511-99.4% | $2,279-99.6% | $2,551-99.7% |
| Participant deferral / active EE | $173 | $3,081-94.4% | $4,048-95.7% | $4,139-95.8% |
| Admin fee / account holder | $0 | $6,500-100.0% | $8,703-100.0% | $7,234-100.0% |