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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 | $46,920 | $213,785-78.1% | $185,441-74.7% | $155,188-69.8% |
| Participation rate | 66.7% | 83.2%-16.6pp | 80.3%-13.6pp | 80.8%-14.1pp |
| Annual return | 11.86% | 19.97%-8.1pp | 20.16%-8.3pp | 148.84%-137.0pp |
| Employer contribution / active EE | $712 | $5,393-86.8% | $4,672-84.8% | $4,248-83.2% |
| Participant deferral / active EE | $1,847 | $6,864-73.1% | $6,152-70.0% | $6,531-71.7% |
| Admin fee / account holder | $203 | $21,134-99.0% | $17,890-98.9% | $14,480-98.6% |