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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 | $72,240 | $168,635-57.2% | $147,617-51.1% | $125,389-42.4% |
| Participation rate | 47.6% | 88.8%-41.1pp | 84.6%-37.0pp | 83.2%-35.6pp |
| Annual return | 1.08% | 77.65%-76.6pp | 61.98%-60.9pp | 282.24%-281.2pp |
| Employer contribution / active EE | $1,212 | $6,252-80.6% | $5,564-78.2% | $4,866-75.1% |
| Participant deferral / active EE | $1,467 | $5,507-73.4% | $4,895-70.0% | $5,352-72.6% |
| Admin fee / account holder | $164 | $13,580-98.8% | $11,612-98.6% | $9,541-98.3% |