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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 | $42,385 | $198,457-78.6% | $170,435-75.1% | $147,586-71.3% |
| Participation rate | 66.7% | 88.0%-21.3pp | 83.6%-16.9pp | 82.8%-16.2pp |
| Annual return | 20.44% | 257.30%-236.9pp | 205.94%-185.5pp | 578.59%-558.2pp |
| Employer contribution / active EE | $234 | $6,183-96.2% | $5,432-95.7% | $4,876-95.2% |
| Participant deferral / active EE | $1,706 | $5,629-69.7% | $4,939-65.5% | $5,439-68.6% |
| Admin fee / account holder | $237 | $16,852-98.6% | $13,881-98.3% | $10,886-97.8% |