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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 | $156,398-88.7% | $147,318-88.0% | $138,895-87.2% |
| Participation rate | 50.0% | 83.8%-33.8pp | 82.1%-32.1pp | 79.9%-29.9pp |
| Annual return | 23.85% | 78.75%-54.9pp | 70.43%-46.6pp | 145.39%-121.5pp |
| Employer contribution / active EE | $600 | $4,853-87.6% | $4,593-86.9% | $4,194-85.7% |
| Participant deferral / active EE | $900 | $8,237-89.1% | $7,906-88.6% | $6,396-85.9% |
| Admin fee / account holder | $36 | $14,976-99.8% | $13,708-99.7% | $12,562-99.7% |