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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 | $27,286 | $118,708-77.0% | $98,920-72.4% | $158,966-82.8% |
| Participation rate | 52.9% | 77.8%-24.9pp | 76.0%-23.1pp | 82.0%-29.0pp |
| Annual return | 20.29% | 372.49%-352.2pp | 196.47%-176.2pp | 302.95%-282.7pp |
| Employer contribution / active EE | $338 | $3,334-89.9% | $2,689-87.4% | $4,762-92.9% |
| Participant deferral / active EE | $1,267 | $5,089-75.1% | $4,245-70.2% | $5,983-78.8% |
| Admin fee / account holder | $97 | $10,134-99.0% | $6,643-98.5% | $11,250-99.1% |