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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 | $74,535-32.9% | $100,712-50.4% | $82,637-39.5% |
| Participation rate | 4.0% | 61.2%-57.2pp | 69.3%-65.3pp | 68.1%-64.1pp |
| Annual return | 13.52% | 18.92%-5.4pp | 33.27%-19.7pp | 53.51%-40.0pp |
| Employer contribution / active EE | $9 | $1,503-99.4% | $2,313-99.6% | $2,552-99.7% |
| Participant deferral / active EE | $173 | $3,074-94.4% | $4,085-95.8% | $4,126-95.8% |
| Admin fee / account holder | $0 | $6,576-100.0% | $9,256-100.0% | $7,339-100.0% |