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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 | $29,248 | $141,004-79.3% | $112,273-73.9% | $139,466-79.0% |
| Participation rate | 17.4% | 79.2%-61.8pp | 72.4%-55.0pp | 80.3%-62.9pp |
| Annual return | 21.98% | 32.75%-10.8pp | 30.23%-8.2pp | 373.66%-351.7pp |
| Employer contribution / active EE | $560 | $4,285-86.9% | $3,431-83.7% | $4,754-88.2% |
| Participant deferral / active EE | $868 | $5,878-85.2% | $4,800-81.9% | $6,712-87.1% |
| Admin fee / account holder | $49 | $9,959-99.5% | $7,752-99.4% | $11,409-99.6% |