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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 | $31,433 | $135,956-76.9% | $123,894-74.6% | $273,972-88.5% |
| Participation rate | 20.0% | 84.1%-64.1pp | 81.4%-61.4pp | 83.0%-63.0pp |
| Annual return | 16.37% | 56.63%-40.3pp | 47.52%-31.2pp | 41.46%-25.1pp |
| Employer contribution / active EE | $368 | $5,170-92.9% | $4,617-92.0% | $4,869-92.4% |
| Participant deferral / active EE | $920 | $6,343-85.5% | $5,984-84.6% | $5,287-82.6% |
| Admin fee / account holder | $0 | $9,817-100.0% | $8,357-100.0% | $10,133-100.0% |