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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 | $25,756 | $115,903-77.8% | $100,528-74.4% | $158,966-83.8% |
| Participation rate | 53.8% | 81.6%-27.8pp | 79.4%-25.6pp | 82.0%-28.1pp |
| Annual return | 9.94% | 34.80%-24.9pp | 30.90%-21.0pp | 302.95%-293.0pp |
| Employer contribution / active EE | $169 | $4,105-95.9% | $3,419-95.1% | $4,762-96.5% |
| Participant deferral / active EE | $675 | $6,677-89.9% | $6,271-89.2% | $5,983-88.7% |
| Admin fee / account holder | $0 | $11,000-100.0% | $8,084-100.0% | $11,250-100.0% |