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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 | $27,785 | $81,233-65.8% | $155,567-82.1% | $80,874-65.6% |
| Participation rate | 6.5% | 66.2%-59.7pp | 78.2%-71.7pp | 67.6%-61.1pp |
| Annual return | 13.08% | 33.33%-20.2pp | 64.74%-51.7pp | 35.62%-22.5pp |
| Employer contribution / active EE | $47 | $3,101-98.5% | $4,674-99.0% | $2,756-98.3% |
| Participant deferral / active EE | $769 | $3,452-77.7% | $5,628-86.3% | $4,297-82.1% |
| Admin fee / account holder | $165 | $7,998-97.9% | $15,916-99.0% | $6,935-97.6% |