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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 | $38,302 | $183,516-79.1% | $155,534-75.4% | $145,884-73.7% |
| Participation rate | 62.5% | 82.7%-20.2pp | 78.2%-15.7pp | 80.3%-17.8pp |
| Annual return | 11.74% | 61.43%-49.7pp | 64.92%-53.2pp | 551.85%-540.1pp |
| Employer contribution / active EE | $781 | $5,315-85.3% | $4,675-83.3% | $4,662-83.2% |
| Participant deferral / active EE | $1,629 | $6,467-74.8% | $5,630-71.1% | $6,690-75.7% |
| Admin fee / account holder | $175 | $19,293-99.1% | $15,900-98.9% | $13,392-98.7% |