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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 | $18,761 | $202,463-90.7% | $169,397-88.9% | $139,487-86.5% |
| Participation rate | 15.8% | 81.1%-65.3pp | 77.2%-61.4pp | 80.3%-64.5pp |
| Annual return | 11.20% | 532.64%-521.4pp | 406.23%-395.0pp | 373.84%-362.6pp |
| Employer contribution / active EE | $0 | $4,694-100.0% | $4,013-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $0 | $6,941-100.0% | $6,223-100.0% | $6,713-100.0% |
| Admin fee / account holder | $242 | $10,726-97.7% | $9,017-97.3% | $11,407-97.9% |