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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 | $9,992 | $114,119-91.2% | $107,187-90.7% | $138,895-92.8% |
| Participation rate | 50.0% | 78.1%-28.1pp | 75.0%-25.0pp | 79.9%-29.9pp |
| Annual return | 23.07% | 273.21%-250.1pp | 204.55%-181.5pp | 145.39%-122.3pp |
| Employer contribution / active EE | $560 | $4,059-86.2% | $3,782-85.2% | $4,194-86.6% |
| Participant deferral / active EE | $560 | $5,538-89.9% | $5,096-89.0% | $6,396-91.2% |
| Admin fee / account holder | $0 | $10,024-100.0% | $9,162-100.0% | $12,562-100.0% |