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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 | $38,951 | $175,231-77.8% | $149,696-74.0% | $139,466-72.1% |
| Participation rate | 62.5% | 83.4%-20.9pp | 78.8%-16.3pp | 80.3%-17.8pp |
| Annual return | 16.32% | 166.77%-150.4pp | 134.46%-118.1pp | 373.66%-357.3pp |
| Employer contribution / active EE | $276 | $5,478-95.0% | $4,821-94.3% | $4,754-94.2% |
| Participant deferral / active EE | $1,320 | $6,521-79.8% | $5,682-76.8% | $6,712-80.3% |
| Admin fee / account holder | $203 | $16,155-98.7% | $13,212-98.5% | $11,409-98.2% |