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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 | $182,249 | $176,105+3.5% | $159,474+14.3% | $167,536+8.8% |
| Participation rate | 7.7% | 85.0%-77.3pp | 82.8%-75.1pp | 82.1%-74.4pp |
| Annual return | 16.42% | 331.91%-315.5pp | 263.68%-247.3pp | 478.82%-462.4pp |
| Employer contribution / active EE | $281 | $5,299-94.7% | $4,831-94.2% | $4,839-94.2% |
| Participant deferral / active EE | $692 | $7,751-91.1% | $7,353-90.6% | $6,342-89.1% |
| Admin fee / account holder | $20 | $12,559-99.8% | $10,802-99.8% | $12,315-99.8% |