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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 | $48,847 | $162,812-70.0% | $133,971-63.5% | $158,966-69.3% |
| Participation rate | 16.7% | 83.2%-66.6pp | 79.8%-63.2pp | 82.0%-65.3pp |
| Annual return | 16.32% | 41.94%-25.6pp | 45.09%-28.8pp | 302.95%-286.6pp |
| Employer contribution / active EE | $833 | $4,976-83.3% | $3,919-78.8% | $4,762-82.5% |
| Participant deferral / active EE | $1,656 | $5,910-72.0% | $5,047-67.2% | $5,983-72.3% |
| Admin fee / account holder | $0 | $11,741-100.0% | $8,929-100.0% | $11,250-100.0% |