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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 | $148,629-82.1% | $135,982-80.4% | $139,487-80.9% |
| Participation rate | 20.8% | 83.9%-63.0pp | 81.9%-61.1pp | 80.3%-59.5pp |
| Annual return | 26.75% | 79.33%-52.6pp | 68.32%-41.6pp | 373.84%-347.1pp |
| Employer contribution / active EE | $0 | $5,247-100.0% | $4,859-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $986 | $8,102-87.8% | $7,760-87.3% | $6,713-85.3% |
| Admin fee / account holder | $0 | $12,406-100.0% | $10,767-100.0% | $11,407-100.0% |