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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 | $33,761 | $150,412-77.6% | $120,574-72.0% | $145,884-76.9% |
| Participation rate | 62.5% | 78.8%-16.3pp | 71.9%-9.4pp | 80.3%-17.8pp |
| Annual return | 10.94% | 154.50%-143.6pp | 107.42%-96.5pp | 551.85%-540.9pp |
| Employer contribution / active EE | $577 | $4,355-86.7% | $3,471-83.4% | $4,662-87.6% |
| Participant deferral / active EE | $896 | $6,175-85.5% | $4,996-82.1% | $6,690-86.6% |
| Admin fee / account holder | $0 | $12,224-100.0% | $9,445-100.0% | $13,392-100.0% |