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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 | $21,407 | $70,684-69.7% | $169,390-87.4% | $75,173-71.5% |
| Participation rate | 25.0% | 64.8%-39.8pp | 77.2%-52.2pp | 67.2%-42.2pp |
| Annual return | 19.19% | 36.38%-17.2pp | 406.07%-386.9pp | 160.72%-141.5pp |
| Employer contribution / active EE | $90 | $2,211-95.9% | $4,013-97.8% | $2,671-96.6% |
| Participant deferral / active EE | $987 | $4,310-77.1% | $6,222-84.1% | $4,126-76.1% |
| Admin fee / account holder | $0 | $5,404-100.0% | $9,015-100.0% | $5,651-100.0% |