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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 | $227,399-37.8% | $189,758-25.5% | $198,609-28.8% |
| Participation rate | 62.5% | 84.0%-21.5pp | 79.8%-17.3pp | 82.4%-19.9pp |
| Annual return | 15.30% | 61.03%-45.7pp | 52.62%-37.3pp | 202.70%-187.4pp |
| Employer contribution / active EE | $494 | $5,526-91.1% | $4,767-89.6% | $5,055-90.2% |
| Participant deferral / active EE | $1,371 | $6,837-79.9% | $5,856-76.6% | $6,977-80.3% |
| Admin fee / account holder | $48 | $25,162-99.8% | $20,388-99.8% | $19,030-99.7% |