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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 | $35,462 | $174,379-79.7% | $152,093-76.7% | $138,895-74.5% |
| Participation rate | 66.7% | 81.6%-15.0pp | 77.8%-11.1pp | 79.9%-13.3pp |
| Annual return | 19.43% | 74.86%-55.4pp | 66.36%-46.9pp | 145.39%-126.0pp |
| Employer contribution / active EE | $306 | $4,652-93.4% | $4,175-92.7% | $4,194-92.7% |
| Participant deferral / active EE | $919 | $6,159-85.1% | $5,451-83.1% | $6,396-85.6% |
| Admin fee / account holder | $253 | $16,880-98.5% | $14,497-98.3% | $12,562-98.0% |