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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 | $24,929 | $156,398-84.1% | $147,318-83.1% | $138,895-82.1% |
| Participation rate | 14.3% | 83.8%-69.5pp | 82.1%-67.8pp | 79.9%-65.6pp |
| Annual return | 23.91% | 78.75%-54.8pp | 70.43%-46.5pp | 145.39%-121.5pp |
| Employer contribution / active EE | $361 | $4,853-92.6% | $4,593-92.1% | $4,194-91.4% |
| Participant deferral / active EE | $966 | $8,237-88.3% | $7,906-87.8% | $6,396-84.9% |
| Admin fee / account holder | $188 | $14,976-98.7% | $13,708-98.6% | $12,562-98.5% |