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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 | $22,746 | $103,393-78.0% | $87,103-73.9% | $152,909-85.1% |
| Participation rate | 66.7% | 79.4%-12.7pp | 76.9%-10.2pp | 82.5%-15.8pp |
| Annual return | 25.71% | 28.10%-2.4pp | 28.19%-2.5pp | 345.46%-319.8pp |
| Employer contribution / active EE | $453 | $3,221-85.9% | $2,521-82.0% | $4,764-90.5% |
| Participant deferral / active EE | $453 | $4,778-90.5% | $4,049-88.8% | $5,851-92.3% |
| Admin fee / account holder | $0 | $12,195-100.0% | $7,491-100.0% | $11,601-100.0% |