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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 | $155,555-84.0% | $146,866-83.0% | $155,188-83.9% |
| Participation rate | 14.3% | 84.0%-69.7pp | 82.5%-68.2pp | 80.8%-66.5pp |
| Annual return | 23.91% | 115.41%-91.5pp | 102.85%-78.9pp | 148.84%-124.9pp |
| Employer contribution / active EE | $361 | $4,647-92.2% | $4,425-91.9% | $4,248-91.5% |
| Participant deferral / active EE | $966 | $8,044-88.0% | $7,759-87.5% | $6,531-85.2% |
| Admin fee / account holder | $188 | $14,755-98.7% | $13,620-98.6% | $14,480-98.7% |