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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 | $27,908 | $148,582-81.2% | $135,942-79.5% | $139,456-80.0% |
| Participation rate | 25.0% | 83.9%-58.9pp | 81.9%-56.9pp | 80.3%-55.3pp |
| Annual return | 20.84% | 79.26%-58.4pp | 68.28%-47.4pp | 373.45%-352.6pp |
| Employer contribution / active EE | $802 | $5,245-84.7% | $4,858-83.5% | $4,753-83.1% |
| Participant deferral / active EE | $2,323 | $8,101-71.3% | $7,759-70.1% | $6,711-65.4% |
| Admin fee / account holder | $172 | $12,402-98.6% | $10,764-98.4% | $11,407-98.5% |