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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 | $42,329 | $118,708-64.3% | $98,920-57.2% | $158,982-73.4% |
| Participation rate | 54.5% | 77.8%-23.3pp | 76.0%-21.5pp | 82.0%-27.4pp |
| Annual return | 10.05% | 372.49%-362.4pp | 196.47%-186.4pp | 302.99%-292.9pp |
| Employer contribution / active EE | $234 | $3,334-93.0% | $2,689-91.3% | $4,763-95.1% |
| Participant deferral / active EE | $468 | $5,089-90.8% | $4,245-89.0% | $5,983-92.2% |
| Admin fee / account holder | $0 | $10,134-100.0% | $6,643-100.0% | $11,252-100.0% |