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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 | $42,864 | $152,612-71.9% | $125,192-65.8% | $152,897-72.0% |
| Participation rate | 13.0% | 83.3%-70.3pp | 79.8%-66.7pp | 82.5%-69.4pp |
| Annual return | 25.49% | 54.85%-29.4pp | 43.79%-18.3pp | 345.43%-319.9pp |
| Employer contribution / active EE | $554 | $4,947-88.8% | $3,866-85.7% | $4,764-88.4% |
| Participant deferral / active EE | $1,200 | $5,868-79.6% | $4,937-75.7% | $5,851-79.5% |
| Admin fee / account holder | $0 | $13,437-100.0% | $9,704-100.0% | $11,599-100.0% |