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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 | $31,428 | $185,312-83.0% | $161,489-80.5% | $154,746-79.7% |
| Participation rate | 33.3% | 82.5%-49.1pp | 78.7%-45.4pp | 80.7%-47.4pp |
| Annual return | 17.48% | 103.84%-86.4pp | 89.72%-72.2pp | 172.34%-154.9pp |
| Employer contribution / active EE | $744 | $4,769-84.4% | $4,268-82.6% | $4,379-83.0% |
| Participant deferral / active EE | $657 | $6,350-89.7% | $5,630-88.3% | $6,730-90.2% |
| Admin fee / account holder | $136 | $18,654-99.3% | $16,006-99.2% | $14,365-99.1% |