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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 | $18,666 | $185,312-89.9% | $161,489-88.4% | $154,746-87.9% |
| Participation rate | 52.2% | 82.5%-30.3pp | 78.7%-26.5pp | 80.7%-28.5pp |
| Annual return | 20.42% | 103.84%-83.4pp | 89.72%-69.3pp | 172.34%-151.9pp |
| Employer contribution / active EE | $738 | $4,769-84.5% | $4,268-82.7% | $4,379-83.1% |
| Participant deferral / active EE | $1,267 | $6,350-80.1% | $5,630-77.5% | $6,730-81.2% |
| Admin fee / account holder | $19 | $18,654-99.9% | $16,006-99.9% | $14,365-99.9% |