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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 | $9,240 | $97,078-90.5% | $103,065-91.0% | $145,897-93.7% |
| Participation rate | 66.7% | 81.1%-14.5pp | 80.6%-13.9pp | 80.3%-13.6pp |
| Annual return | 26.81% | 25.49%+1.3pp | 23.95%+2.9pp | 552.29%-525.5pp |
| Employer contribution / active EE | $674 | $4,680-85.6% | $4,675-85.6% | $4,663-85.5% |
| Participant deferral / active EE | $1,144 | $6,601-82.7% | $6,625-82.7% | $6,689-82.9% |
| Admin fee / account holder | $0 | $12,505-100.0% | $9,349-100.0% | $13,390-100.0% |