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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 | $45,934 | $110,379-58.4% | $102,412-55.1% | $145,884-68.5% |
| Participation rate | 28.6% | 77.9%-49.4pp | 74.5%-45.9pp | 80.3%-51.7pp |
| Annual return | 37.60% | 24.84%+12.8pp | 24.94%+12.7pp | 551.85%-514.2pp |
| Employer contribution / active EE | $143 | $4,216-96.6% | $3,870-96.3% | $4,662-96.9% |
| Participant deferral / active EE | $143 | $5,622-97.5% | $5,060-97.2% | $6,690-97.9% |
| Admin fee / account holder | $0 | $9,745-100.0% | $8,388-100.0% | $13,392-100.0% |