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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 | $46,981 | $124,175-62.2% | $108,405-56.7% | $167,536-72.0% |
| Participation rate | 11.1% | 82.3%-71.2pp | 80.1%-69.0pp | 82.1%-71.0pp |
| Annual return | 10.26% | 1380.13%-1369.9pp | 905.55%-895.3pp | 478.82%-468.6pp |
| Employer contribution / active EE | $0 | $4,188-100.0% | $3,559-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $800 | $6,908-88.4% | $6,563-87.8% | $6,342-87.4% |
| Admin fee / account holder | $300 | $9,457-96.8% | $7,297-95.9% | $12,315-97.6% |