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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 | $40,164 | $162,136-75.2% | $152,301-73.6% | $154,746-74.0% |
| Participation rate | 36.4% | 84.1%-47.7pp | 82.4%-46.1pp | 80.7%-44.3pp |
| Annual return | 15.50% | 91.02%-75.5pp | 80.50%-65.0pp | 172.34%-156.8pp |
| Employer contribution / active EE | $512 | $4,890-89.5% | $4,624-88.9% | $4,379-88.3% |
| Participant deferral / active EE | $1,012 | $8,341-87.9% | $8,004-87.4% | $6,730-85.0% |
| Admin fee / account holder | $233 | $15,759-98.5% | $14,398-98.4% | $14,365-98.4% |