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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 | $31,563 | $84,236-62.5% | $170,439-81.5% | $70,124-55.0% |
| Participation rate | 6.7% | 70.8%-64.2pp | 83.6%-76.9pp | 69.5%-62.9pp |
| Annual return | 21.36% | 23.06%-1.7pp | 205.94%-184.6pp | 73.14%-51.8pp |
| Employer contribution / active EE | $69 | $3,387-98.0% | $5,433-98.7% | $2,342-97.0% |
| Participant deferral / active EE | $139 | $3,086-95.5% | $4,939-97.2% | $3,332-95.8% |
| Admin fee / account holder | $0 | $5,698-100.0% | $13,881-100.0% | $4,645-100.0% |