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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 | $23,880 | $112,131-78.7% | $95,964-75.1% | $158,982-85.0% |
| Participation rate | 22.2% | 79.0%-56.8pp | 77.1%-54.9pp | 82.0%-59.7pp |
| Annual return | 20.53% | 171.19%-150.7pp | 91.64%-71.1pp | 302.99%-282.5pp |
| Employer contribution / active EE | $375 | $3,199-88.3% | $2,541-85.3% | $4,763-92.1% |
| Participant deferral / active EE | $507 | $4,784-89.4% | $4,167-87.8% | $5,983-91.5% |
| Admin fee / account holder | $0 | $10,136-100.0% | $6,797-100.0% | $11,252-100.0% |