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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 | $33,210 | $183,516-81.9% | $155,534-78.6% | $145,884-77.2% |
| Participation rate | 6.3% | 82.7%-76.5pp | 78.2%-72.0pp | 80.3%-74.1pp |
| Annual return | 15.84% | 61.43%-45.6pp | 64.92%-49.1pp | 551.85%-536.0pp |
| Employer contribution / active EE | $73 | $5,315-98.6% | $4,675-98.4% | $4,662-98.4% |
| Participant deferral / active EE | $73 | $6,467-98.9% | $5,630-98.7% | $6,690-98.9% |
| Admin fee / account holder | $0 | $19,293-100.0% | $15,900-100.0% | $13,392-100.0% |