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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 | $95,615 | $43,075+122.0% | $74,577+28.2% | $62,881+52.1% |
| Participation rate | 14.8% | 58.1%-43.2pp | 68.1%-53.3pp | 69.3%-54.5pp |
| Annual return | 0.00% | 17.50%-17.5pp | 20.47%-20.5pp | 20.14%-20.1pp |
| Employer contribution / active EE | $30 | $1,498-98.0% | $2,525-98.8% | $2,281-98.7% |
| Participant deferral / active EE | $58 | $2,389-97.6% | $3,458-98.3% | $3,203-98.2% |
| Admin fee / account holder | $0 | $2,840-100.0% | $4,138-100.0% | $4,296-100.0% |