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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 | $41,762 | $149,679-72.1% | $117,039-64.3% | $147,585-71.7% |
| Participation rate | 28.6% | 83.5%-54.9pp | 77.2%-48.6pp | 82.8%-54.3pp |
| Annual return | 21.50% | 19.31%+2.2pp | 18.95%+2.6pp | 578.58%-557.1pp |
| Employer contribution / active EE | $217 | $4,937-95.6% | $3,785-94.3% | $4,876-95.6% |
| Participant deferral / active EE | $303 | $4,912-93.8% | $3,929-92.3% | $5,439-94.4% |
| Admin fee / account holder | $0 | $7,856-100.0% | $5,974-100.0% | $10,886-100.0% |