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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 | $29,433 | $111,301-73.6% | $112,977-73.9% | $158,950-81.5% |
| Participation rate | 28.6% | 83.5%-54.9pp | 82.6%-54.0pp | 82.0%-53.4pp |
| Annual return | 21.24% | 26.40%-5.2pp | 24.24%-3.0pp | 302.91%-281.7pp |
| Employer contribution / active EE | $169 | $4,471-96.2% | $4,255-96.0% | $4,762-96.5% |
| Participant deferral / active EE | $675 | $5,880-88.5% | $5,836-88.4% | $5,983-88.7% |
| Admin fee / account holder | $0 | $8,392-100.0% | $6,294-100.0% | $11,248-100.0% |