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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 | $45,288 | $209,428-78.4% | $178,498-74.6% | $158,950-71.5% |
| Participation rate | 28.6% | 86.4%-57.8pp | 81.9%-53.4pp | 82.0%-53.4pp |
| Annual return | 11.07% | 188.78%-177.7pp | 151.09%-140.0pp | 302.91%-291.8pp |
| Employer contribution / active EE | $627 | $5,707-89.0% | $5,011-87.5% | $4,762-86.8% |
| Participant deferral / active EE | $1,262 | $5,955-78.8% | $5,202-75.7% | $5,983-78.9% |
| Admin fee / account holder | $120 | $17,077-99.3% | $13,985-99.1% | $11,248-98.9% |