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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 | $51,428 | $156,398-67.1% | $147,318-65.1% | $138,895-63.0% |
| Participation rate | 13.0% | 83.8%-70.7pp | 82.1%-69.0pp | 79.9%-66.9pp |
| Annual return | 18.28% | 78.75%-60.5pp | 70.43%-52.1pp | 145.39%-127.1pp |
| Employer contribution / active EE | $285 | $4,853-94.1% | $4,593-93.8% | $4,194-93.2% |
| Participant deferral / active EE | $1,679 | $8,237-79.6% | $7,906-78.8% | $6,396-73.8% |
| Admin fee / account holder | $266 | $14,976-98.2% | $13,708-98.1% | $12,562-97.9% |