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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 | $26,078 | $106,918-75.6% | $84,021-69.0% | $152,897-82.9% |
| Participation rate | 20.0% | 75.2%-55.2pp | 69.0%-49.0pp | 82.5%-62.5pp |
| Annual return | 24.81% | 105.01%-80.2pp | 71.32%-46.5pp | 345.43%-320.6pp |
| Employer contribution / active EE | $364 | $2,735-86.7% | $1,984-81.6% | $4,764-92.4% |
| Participant deferral / active EE | $430 | $4,012-89.3% | $3,239-86.7% | $5,851-92.6% |
| Admin fee / account holder | $0 | $8,288-100.0% | $6,102-100.0% | $11,599-100.0% |