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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 | $166,089-62.7% | $164,928-62.5% | $145,978-57.6% |
| Participation rate | 21.4% | 82.0%-60.6pp | 78.6%-57.2pp | 80.3%-58.9pp |
| Annual return | 9.55% | 100.26%-90.7pp | 70.08%-60.5pp | 550.52%-541.0pp |
| Employer contribution / active EE | $431 | $5,276-91.8% | $4,343-90.1% | $4,662-90.8% |
| Participant deferral / active EE | $496 | $6,961-92.9% | $6,034-91.8% | $6,690-92.6% |
| Admin fee / account holder | $0 | $16,641-100.0% | $12,684-100.0% | $13,400-100.0% |