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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 | $18,230 | $183,592-90.1% | $155,574-88.3% | $145,877-87.5% |
| Participation rate | 50.0% | 82.7%-32.7pp | 78.2%-28.2pp | 80.3%-30.3pp |
| Annual return | 18.07% | 61.37%-43.3pp | 64.87%-46.8pp | 551.28%-533.2pp |
| Employer contribution / active EE | $692 | $5,317-87.0% | $4,676-85.2% | $4,663-85.2% |
| Participant deferral / active EE | $859 | $6,466-86.7% | $5,629-84.7% | $6,691-87.2% |
| Admin fee / account holder | $203 | $19,316-98.9% | $15,914-98.7% | $13,402-98.5% |