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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 | $26,670 | $148,558-82.0% | $135,925-80.4% | $139,427-80.9% |
| Participation rate | 20.8% | 83.9%-63.0pp | 81.9%-61.1pp | 80.3%-59.5pp |
| Annual return | 26.75% | 79.22%-52.5pp | 68.25%-41.5pp | 373.27%-346.5pp |
| Employer contribution / active EE | $0 | $5,244-100.0% | $4,857-100.0% | $4,752-100.0% |
| Participant deferral / active EE | $986 | $8,101-87.8% | $7,759-87.3% | $6,711-85.3% |
| Admin fee / account holder | $0 | $12,401-100.0% | $10,764-100.0% | $11,404-100.0% |