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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 | $62,254 | $165,381-62.4% | $149,730-58.4% | $158,966-60.8% |
| Participation rate | 66.7% | 84.6%-17.9pp | 82.5%-15.8pp | 82.0%-15.3pp |
| Annual return | 16.42% | 348.29%-331.9pp | 276.70%-260.3pp | 302.95%-286.5pp |
| Employer contribution / active EE | $495 | $5,104-90.3% | $4,645-89.3% | $4,762-89.6% |
| Participant deferral / active EE | $2,251 | $7,182-68.7% | $6,843-67.1% | $5,983-62.4% |
| Admin fee / account holder | $0 | $10,809-100.0% | $9,310-100.0% | $11,250-100.0% |