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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 | $48,065 | $154,193-68.8% | $130,045-63.0% | $139,466-65.5% |
| Participation rate | 44.4% | 82.0%-37.5pp | 78.5%-34.1pp | 80.3%-35.9pp |
| Annual return | 16.02% | 32.51%-16.5pp | -137.30%+153.3pp | 373.66%-357.6pp |
| Employer contribution / active EE | $348 | $5,292-93.4% | $4,321-91.9% | $4,754-92.7% |
| Participant deferral / active EE | $375 | $6,709-94.4% | $5,820-93.6% | $6,712-94.4% |
| Admin fee / account holder | $118 | $13,989-99.2% | $10,600-98.9% | $11,409-99.0% |