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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 | $123,315 | $160,028-22.9% | $147,080-16.2% | $145,884-15.5% |
| Participation rate | 13.3% | 84.0%-70.7pp | 82.2%-68.8pp | 80.3%-67.0pp |
| Annual return | 14.63% | 98.60%-84.0pp | 420.17%-405.5pp | 551.85%-537.2pp |
| Employer contribution / active EE | $410 | $5,286-92.3% | $4,933-91.7% | $4,662-91.2% |
| Participant deferral / active EE | $483 | $8,422-94.3% | $8,066-94.0% | $6,690-92.8% |
| Admin fee / account holder | $20 | $15,030-99.9% | $12,989-99.8% | $13,392-99.9% |