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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 | $29,263 | $165,381-82.3% | $149,730-80.5% | $158,966-81.6% |
| Participation rate | 50.0% | 84.6%-34.6pp | 82.5%-32.5pp | 82.0%-32.0pp |
| Annual return | 17.06% | 348.29%-331.2pp | 276.70%-259.6pp | 302.95%-285.9pp |
| Employer contribution / active EE | $428 | $5,104-91.6% | $4,645-90.8% | $4,762-91.0% |
| Participant deferral / active EE | $1,133 | $7,182-84.2% | $6,843-83.4% | $5,983-81.1% |
| Admin fee / account holder | $80 | $10,809-99.3% | $9,310-99.1% | $11,250-99.3% |