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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 | $20,731 | $160,040-87.0% | $147,096-85.9% | $145,877-85.8% |
| Participation rate | 44.4% | 84.0%-39.6pp | 82.2%-37.7pp | 80.3%-35.9pp |
| Annual return | 9.99% | 98.49%-88.5pp | 419.75%-409.8pp | 551.28%-541.3pp |
| Employer contribution / active EE | $422 | $5,289-92.0% | $4,936-91.5% | $4,663-91.0% |
| Participant deferral / active EE | $601 | $8,429-92.9% | $8,071-92.6% | $6,691-91.0% |
| Admin fee / account holder | $253 | $15,050-98.3% | $13,005-98.1% | $13,402-98.1% |