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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 | $43,698 | $45,041-3.0% | $63,003-30.6% | $70,131-37.7% |
| Participation rate | 3.7% | 69.5%-65.8pp | 74.8%-71.1pp | 69.5%-65.8pp |
| Annual return | 22.85% | 18.76%+4.1pp | 87.59%-64.7pp | 73.14%-50.3pp |
| Employer contribution / active EE | $100 | $2,052-95.1% | $2,760-96.4% | $2,342-95.7% |
| Participant deferral / active EE | $636 | $2,465-74.2% | $3,329-80.9% | $3,332-80.9% |
| Admin fee / account holder | $0 | $2,836-100.0% | $3,600-100.0% | $4,645-100.0% |