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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 | $42,251 | $199,109-78.8% | $173,730-75.7% | $154,746-72.7% |
| Participation rate | 16.7% | 82.8%-66.1pp | 79.6%-62.9pp | 80.7%-64.0pp |
| Annual return | 16.81% | 20.02%-3.2pp | 19.96%-3.1pp | 172.34%-155.5pp |
| Employer contribution / active EE | $413 | $5,311-92.2% | $4,577-91.0% | $4,379-90.6% |
| Participant deferral / active EE | $1,304 | $7,113-81.7% | $6,326-79.4% | $6,730-80.6% |
| Admin fee / account holder | $0 | $20,916-100.0% | $17,523-100.0% | $14,365-100.0% |