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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 | $47,539 | $95,917-50.4% | $79,583-40.3% | $134,545-64.7% |
| Participation rate | 66.7% | 75.0%-8.4pp | 69.5%-2.8pp | 81.2%-14.6pp |
| Annual return | 3.91% | -2.70%+6.6pp | 0.16%+3.8pp | 418.37%-414.5pp |
| Employer contribution / active EE | $411 | $3,129-86.9% | $2,414-83.0% | $4,742-91.3% |
| Participant deferral / active EE | $411 | $4,694-91.2% | $3,986-89.7% | $6,401-93.6% |
| Admin fee / account holder | $0 | $9,132-100.0% | $6,835-100.0% | $11,431-100.0% |