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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 | $61,871 | $166,268-62.8% | $165,100-62.5% | $145,897-57.6% |
| Participation rate | 21.4% | 82.0%-60.6pp | 78.6%-57.2pp | 80.3%-58.9pp |
| Annual return | 9.55% | 100.52%-91.0pp | 70.21%-60.7pp | 552.29%-542.7pp |
| Employer contribution / active EE | $431 | $5,284-91.8% | $4,348-90.1% | $4,663-90.8% |
| Participant deferral / active EE | $496 | $6,964-92.9% | $6,035-91.8% | $6,689-92.6% |
| Admin fee / account holder | $0 | $16,659-100.0% | $12,696-100.0% | $13,390-100.0% |