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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 | $51,288 | $178,174-71.2% | $156,181-67.2% | $137,256-62.6% |
| Participation rate | 54.5% | 82.0%-27.5pp | 78.8%-24.3pp | 80.0%-25.4pp |
| Annual return | 16.62% | 84.19%-67.6pp | 64.87%-48.3pp | 220.34%-203.7pp |
| Employer contribution / active EE | $864 | $4,972-82.6% | $4,294-79.9% | $4,156-79.2% |
| Participant deferral / active EE | $1,052 | $6,888-84.7% | $6,132-82.8% | $6,407-83.6% |
| Admin fee / account holder | $280 | $17,404-98.4% | $14,586-98.1% | $12,270-97.7% |