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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 | $17,725 | $155,555-88.6% | $146,866-87.9% | $155,188-88.6% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.5%-32.5pp | 80.8%-30.8pp |
| Annual return | 23.85% | 115.41%-91.6pp | 102.85%-79.0pp | 148.84%-125.0pp |
| Employer contribution / active EE | $600 | $4,647-87.1% | $4,425-86.4% | $4,248-85.9% |
| Participant deferral / active EE | $900 | $8,044-88.8% | $7,759-88.4% | $6,531-86.2% |
| Admin fee / account holder | $36 | $14,755-99.8% | $13,620-99.7% | $14,480-99.8% |