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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 | $24,588 | $157,276-84.4% | $141,177-82.6% | $152,885-83.9% |
| Participation rate | 33.3% | 84.8%-51.5pp | 82.5%-49.1pp | 82.5%-49.1pp |
| Annual return | 20.73% | 64.33%-43.6pp | 71.40%-50.7pp | 345.39%-324.7pp |
| Employer contribution / active EE | $480 | $5,262-90.9% | $4,736-89.9% | $4,763-89.9% |
| Participant deferral / active EE | $600 | $7,110-91.6% | $6,710-91.1% | $5,851-89.7% |
| Admin fee / account holder | $0 | $12,123-100.0% | $10,263-100.0% | $11,598-100.0% |