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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 | $30,333 | $103,392-70.7% | $87,104-65.2% | $152,897-80.2% |
| Participation rate | 33.3% | 79.4%-46.0pp | 76.9%-43.5pp | 82.5%-49.1pp |
| Annual return | 21.77% | 28.10%-6.3pp | 28.19%-6.4pp | 345.43%-323.7pp |
| Employer contribution / active EE | $298 | $3,221-90.7% | $2,521-88.2% | $4,764-93.7% |
| Participant deferral / active EE | $730 | $4,778-84.7% | $4,048-82.0% | $5,851-87.5% |
| Admin fee / account holder | $0 | $12,194-100.0% | $7,491-100.0% | $11,599-100.0% |