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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 | $9,036 | $70,121-87.1% | $63,803-85.8% | $138,895-93.5% |
| Participation rate | 15.8% | 77.2%-61.4pp | 72.7%-56.9pp | 79.9%-64.1pp |
| Annual return | 19.77% | 946.48%-926.7pp | 543.72%-524.0pp | 145.39%-125.6pp |
| Employer contribution / active EE | $232 | $2,882-92.0% | $2,532-90.8% | $4,194-94.5% |
| Participant deferral / active EE | $309 | $4,535-93.2% | $3,843-92.0% | $6,396-95.2% |
| Admin fee / account holder | $0 | $6,738-100.0% | $5,196-100.0% | $12,562-100.0% |