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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 | $25,301 | $165,399-84.7% | $149,745-83.1% | $158,982-84.1% |
| Participation rate | 60.0% | 84.6%-24.6pp | 82.5%-22.5pp | 82.0%-22.0pp |
| Annual return | 23.68% | 348.34%-324.7pp | 276.72%-253.0pp | 302.99%-279.3pp |
| Employer contribution / active EE | $566 | $5,105-88.9% | $4,646-87.8% | $4,763-88.1% |
| Participant deferral / active EE | $1,346 | $7,183-81.3% | $6,843-80.3% | $5,983-77.5% |
| Admin fee / account holder | $20 | $10,811-99.8% | $9,312-99.8% | $11,252-99.8% |