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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 | $22,622 | $132,634-82.9% | $115,768-80.5% | $137,256-83.5% |
| Participation rate | 28.6% | 77.9%-49.3pp | 74.4%-45.8pp | 80.0%-51.4pp |
| Annual return | 16.80% | 160.70%-143.9pp | 100.46%-83.7pp | 220.34%-203.5pp |
| Employer contribution / active EE | $0 | $3,360-100.0% | $2,940-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $20 | $5,619-99.6% | $4,917-99.6% | $6,407-99.7% |
| Admin fee / account holder | $155 | $15,028-99.0% | $12,439-98.8% | $12,270-98.7% |