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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 | $33,326 | $198,457-83.2% | $170,435-80.4% | $147,586-77.4% |
| Participation rate | 61.1% | 88.0%-26.9pp | 83.6%-22.5pp | 82.8%-21.7pp |
| Annual return | 17.77% | 257.30%-239.5pp | 205.94%-188.2pp | 578.59%-560.8pp |
| Employer contribution / active EE | $371 | $6,183-94.0% | $5,432-93.2% | $4,876-92.4% |
| Participant deferral / active EE | $1,618 | $5,629-71.3% | $4,939-67.2% | $5,439-70.3% |
| Admin fee / account holder | $250 | $16,852-98.5% | $13,881-98.2% | $10,886-97.7% |