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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 | $27,147 | $125,190-78.3% | $105,624-74.3% | $145,897-81.4% |
| Participation rate | 10.0% | 77.6%-67.6pp | 75.3%-65.3pp | 80.3%-70.3pp |
| Annual return | 8.46% | 225.22%-216.8pp | 116.20%-107.7pp | 552.29%-543.8pp |
| Employer contribution / active EE | $270 | $3,720-92.7% | $3,168-91.5% | $4,663-94.2% |
| Participant deferral / active EE | $338 | $5,716-94.1% | $5,013-93.3% | $6,689-95.0% |
| Admin fee / account holder | $0 | $17,138-100.0% | $10,961-100.0% | $13,390-100.0% |