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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 | $30,920 | $110,212-71.9% | $96,534-68.0% | $139,466-77.8% |
| Participation rate | 37.5% | 78.1%-40.6pp | 76.0%-38.5pp | 80.3%-42.8pp |
| Annual return | 21.59% | 26.42%-4.8pp | 25.88%-4.3pp | 373.66%-352.1pp |
| Employer contribution / active EE | $493 | $3,620-86.4% | $2,965-83.4% | $4,754-89.6% |
| Participant deferral / active EE | $555 | $5,547-90.0% | $4,851-88.6% | $6,712-91.7% |
| Admin fee / account holder | $0 | $11,599-100.0% | $8,253-100.0% | $11,409-100.0% |