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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 | $44,878 | $168,635-73.4% | $147,617-69.6% | $125,389-64.2% |
| Participation rate | 40.0% | 88.8%-48.8pp | 84.6%-44.6pp | 83.2%-43.2pp |
| Annual return | 6.65% | 77.65%-71.0pp | 61.98%-55.3pp | 282.24%-275.6pp |
| Employer contribution / active EE | $771 | $6,252-87.7% | $5,564-86.1% | $4,866-84.2% |
| Participant deferral / active EE | $1,380 | $5,507-74.9% | $4,895-71.8% | $5,352-74.2% |
| Admin fee / account holder | $0 | $13,580-100.0% | $11,612-100.0% | $9,541-100.0% |