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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 | $72,106 | $124,980-42.3% | $108,359-33.5% | $154,746-53.4% |
| Participation rate | 23.5% | 75.2%-51.6pp | 70.1%-46.6pp | 80.7%-57.2pp |
| Annual return | 25.43% | 45.00%-19.6pp | 36.89%-11.5pp | 172.34%-146.9pp |
| Employer contribution / active EE | $0 | $2,851-100.0% | $2,399-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $338 | $4,743-92.9% | $4,137-91.8% | $6,730-95.0% |
| Admin fee / account holder | $0 | $11,502-100.0% | $9,741-100.0% | $14,365-100.0% |