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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 | $53,848 | $57,828-6.9% | $117,039-54.0% | $70,126-23.2% |
| Participation rate | 57.1% | 67.1%-10.0pp | 77.2%-20.0pp | 69.5%-12.4pp |
| Annual return | 0.00% | 17.55%-17.6pp | 18.95%-18.9pp | 73.15%-73.1pp |
| Employer contribution / active EE | $80 | $1,816-95.6% | $3,785-97.9% | $2,343-96.6% |
| Participant deferral / active EE | $749 | $2,438-69.3% | $3,929-80.9% | $3,332-77.5% |
| Admin fee / account holder | $9 | $3,548-99.7% | $5,974-99.8% | $4,645-99.8% |