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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 | $40,819 | $54,757-25.5% | $90,304-54.8% | $72,975-44.1% |
| Participation rate | 5.6% | 65.2%-59.6pp | 73.3%-67.7pp | 69.5%-63.9pp |
| Annual return | 25.38% | 30.63%-5.3pp | 78.13%-52.8pp | 81.01%-55.6pp |
| Employer contribution / active EE | $112 | $2,093-94.7% | $2,855-96.1% | $2,440-95.4% |
| Participant deferral / active EE | $291 | $2,887-89.9% | $3,885-92.5% | $3,608-91.9% |
| Admin fee / account holder | $0 | $3,973-100.0% | $5,354-100.0% | $5,124-100.0% |