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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 | $39,873 | $197,603-79.8% | $177,827-77.6% | $158,950-74.9% |
| Participation rate | 69.2% | 88.5%-19.3pp | 87.7%-18.5pp | 82.0%-12.7pp |
| Annual return | 7.93% | 58.76%-50.8pp | 48.32%-40.4pp | 302.91%-295.0pp |
| Employer contribution / active EE | $180 | $6,698-97.3% | $5,918-97.0% | $4,762-96.2% |
| Participant deferral / active EE | $1,561 | $8,404-81.4% | $7,713-79.8% | $5,983-73.9% |
| Admin fee / account holder | $52 | $15,402-99.7% | $12,429-99.6% | $11,248-99.5% |