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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 | $16,252 | $106,280-84.7% | $96,538-83.2% | $139,487-88.3% |
| Participation rate | 30.8% | 77.8%-47.1pp | 74.3%-43.6pp | 80.3%-49.6pp |
| Annual return | 33.80% | 38.48%-4.7pp | 35.74%-1.9pp | 373.84%-340.0pp |
| Employer contribution / active EE | $509 | $4,107-87.6% | $3,740-86.4% | $4,755-89.3% |
| Participant deferral / active EE | $797 | $5,457-85.4% | $4,880-83.7% | $6,713-88.1% |
| Admin fee / account holder | $0 | $7,888-100.0% | $6,737-100.0% | $11,407-100.0% |