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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 | $35,781 | $135,956-73.7% | $123,894-71.1% | $273,972-86.9% |
| Participation rate | 40.0% | 84.1%-44.1pp | 81.4%-41.4pp | 83.0%-43.0pp |
| Annual return | 2688.03% | 56.63%+2631.4pp | 47.52%+2640.5pp | 41.46%+2646.6pp |
| Employer contribution / active EE | $704 | $5,170-86.4% | $4,617-84.8% | $4,869-85.5% |
| Participant deferral / active EE | $893 | $6,343-85.9% | $5,984-85.1% | $5,287-83.1% |
| Admin fee / account holder | $0 | $9,817-100.0% | $8,357-100.0% | $10,133-100.0% |