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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 | $27,690 | $156,398-82.3% | $147,318-81.2% | $138,895-80.1% |
| Participation rate | 47.6% | 83.8%-36.1pp | 82.1%-34.4pp | 79.9%-32.3pp |
| Annual return | 17.27% | 78.75%-61.5pp | 70.43%-53.2pp | 145.39%-128.1pp |
| Employer contribution / active EE | $675 | $4,853-86.1% | $4,593-85.3% | $4,194-83.9% |
| Participant deferral / active EE | $1,443 | $8,237-82.5% | $7,906-81.7% | $6,396-77.4% |
| Admin fee / account holder | $27 | $14,976-99.8% | $13,708-99.8% | $12,562-99.8% |