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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 | $141,353 | $185,312-23.7% | $161,489-12.5% | $154,746-8.7% |
| Participation rate | 62.5% | 82.5%-20.0pp | 78.7%-16.2pp | 80.7%-18.2pp |
| Annual return | 15.30% | 103.84%-88.5pp | 89.72%-74.4pp | 172.34%-157.0pp |
| Employer contribution / active EE | $494 | $4,769-89.6% | $4,268-88.4% | $4,379-88.7% |
| Participant deferral / active EE | $1,371 | $6,350-78.4% | $5,630-75.6% | $6,730-79.6% |
| Admin fee / account holder | $48 | $18,654-99.7% | $16,006-99.7% | $14,365-99.7% |