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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 | $62,657 | $99,345-36.9% | $84,753-26.1% | $273,972-77.1% |
| Participation rate | 25.0% | 80.7%-55.7pp | 76.6%-51.6pp | 83.0%-58.0pp |
| Annual return | 11.46% | 22.93%-11.5pp | 22.78%-11.3pp | 41.46%-30.0pp |
| Employer contribution / active EE | $56 | $4,214-98.7% | $3,574-98.4% | $4,869-98.8% |
| Participant deferral / active EE | $175 | $4,270-95.9% | $3,712-95.3% | $5,287-96.7% |
| Admin fee / account holder | $0 | $6,645-100.0% | $5,333-100.0% | $10,133-100.0% |