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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 | $94,850 | $157,304-39.7% | $141,197-32.8% | $152,909-38.0% |
| Participation rate | 40.0% | 84.8%-44.8pp | 82.5%-42.5pp | 82.5%-42.5pp |
| Annual return | 19.06% | 64.34%-45.3pp | 71.41%-52.3pp | 345.46%-326.4pp |
| Employer contribution / active EE | $400 | $5,263-92.4% | $4,736-91.6% | $4,764-91.6% |
| Participant deferral / active EE | $400 | $7,111-94.4% | $6,710-94.0% | $5,851-93.2% |
| Admin fee / account holder | $0 | $12,126-100.0% | $10,265-100.0% | $11,601-100.0% |