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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 | $23,437 | $77,638-69.8% | $156,551-85.0% | $62,881-62.7% |
| Participation rate | 7.4% | 71.2%-63.8pp | 84.0%-76.6pp | 69.3%-61.9pp |
| Annual return | 6.31% | 50.33%-44.0pp | 32.23%-25.9pp | 20.14%-13.8pp |
| Employer contribution / active EE | $77 | $3,444-97.8% | $5,501-98.6% | $2,281-96.6% |
| Participant deferral / active EE | $154 | $3,046-94.9% | $4,871-96.8% | $3,203-95.2% |
| Admin fee / account holder | $0 | $5,561-100.0% | $13,028-100.0% | $4,296-100.0% |