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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 | $18,020 | $174,379-89.7% | $152,093-88.2% | $138,895-87.0% |
| Participation rate | 25.0% | 81.6%-56.6pp | 77.8%-52.8pp | 79.9%-54.9pp |
| Annual return | 18.09% | 74.86%-56.8pp | 66.36%-48.3pp | 145.39%-127.3pp |
| Employer contribution / active EE | $242 | $4,652-94.8% | $4,175-94.2% | $4,194-94.2% |
| Participant deferral / active EE | $242 | $6,159-96.1% | $5,451-95.6% | $6,396-96.2% |
| Admin fee / account holder | $117 | $16,880-99.3% | $14,497-99.2% | $12,562-99.1% |