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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 | $65,146 | $111,830-41.7% | $93,696-30.5% | $145,884-55.3% |
| Participation rate | 30.8% | 74.2%-43.5pp | 68.7%-38.0pp | 80.3%-49.5pp |
| Annual return | 14.94% | 204.08%-189.1pp | 133.74%-118.8pp | 551.85%-536.9pp |
| Employer contribution / active EE | $171 | $3,093-94.5% | $2,422-93.0% | $4,662-96.3% |
| Participant deferral / active EE | $682 | $4,920-86.1% | $4,417-84.6% | $6,690-89.8% |
| Admin fee / account holder | $0 | $10,249-100.0% | $8,287-100.0% | $13,392-100.0% |