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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 | $45,311 | $62,583-27.6% | $76,767-41.0% | $64,173-29.4% |
| Participation rate | 5.6% | 72.8%-67.3pp | 77.0%-71.4pp | 69.6%-64.0pp |
| Annual return | 19.48% | -1.95%+21.4pp | 2.43%+17.1pp | 7.63%+11.8pp |
| Employer contribution / active EE | $98 | $1,832-94.6% | $2,485-96.0% | $2,381-95.9% |
| Participant deferral / active EE | $98 | $3,145-96.9% | $3,852-97.4% | $3,470-97.2% |
| Admin fee / account holder | $0 | $4,667-100.0% | $6,675-100.0% | $4,887-100.0% |