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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 | $10,504 | $102,245-89.7% | $89,340-88.2% | $137,256-92.3% |
| Participation rate | 0.0% | 74.9%-74.9pp | 69.6%-69.6pp | 80.0%-80.0pp |
| Annual return | 23.97% | 21.89%+2.1pp | 20.57%+3.4pp | 220.34%-196.4pp |
| Employer contribution / active EE | $0 | $2,529-100.0% | $2,231-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $400 | $4,436-91.0% | $3,823-89.5% | $6,407-93.8% |
| Admin fee / account holder | $138 | $8,085-98.3% | $6,704-97.9% | $12,270-98.9% |