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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 | $23,070 | $159,934-85.6% | $147,005-84.3% | $145,959-84.2% |
| Participation rate | 13.6% | 84.0%-70.4pp | 82.2%-68.5pp | 80.3%-66.6pp |
| Annual return | 12.11% | 98.24%-86.1pp | 418.76%-406.7pp | 561.95%-549.8pp |
| Employer contribution / active EE | $0 | $5,287-100.0% | $4,934-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $90 | $8,427-98.9% | $8,070-98.9% | $6,689-98.7% |
| Admin fee / account holder | $0 | $15,053-100.0% | $13,006-100.0% | $13,398-100.0% |