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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 | $33,175 | $198,457-83.3% | $170,435-80.5% | $147,586-77.5% |
| Participation rate | 60.0% | 88.0%-28.0pp | 83.6%-23.6pp | 82.8%-22.8pp |
| Annual return | 17.30% | 257.30%-240.0pp | 205.94%-188.6pp | 578.59%-561.3pp |
| Employer contribution / active EE | $383 | $6,183-93.8% | $5,432-93.0% | $4,876-92.1% |
| Participant deferral / active EE | $1,325 | $5,629-76.5% | $4,939-73.2% | $5,439-75.6% |
| Admin fee / account holder | $32 | $16,852-99.8% | $13,881-99.8% | $10,886-99.7% |