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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 | $133,941 | $155,555-13.9% | $146,866-8.8% | $155,188-13.7% |
| Participation rate | 14.3% | 84.0%-69.7pp | 82.5%-68.2pp | 80.8%-66.5pp |
| Annual return | 20.17% | 115.41%-95.2pp | 102.85%-82.7pp | 148.84%-128.7pp |
| Employer contribution / active EE | $225 | $4,647-95.2% | $4,425-94.9% | $4,248-94.7% |
| Participant deferral / active EE | $1,125 | $8,044-86.0% | $7,759-85.5% | $6,531-82.8% |
| Admin fee / account holder | $120 | $14,755-99.2% | $13,620-99.1% | $14,480-99.2% |