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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 | $45,484 | $178,174-74.5% | $156,181-70.9% | $137,256-66.9% |
| Participation rate | 50.0% | 82.0%-32.0pp | 78.8%-28.8pp | 80.0%-30.0pp |
| Annual return | 14.58% | 84.19%-69.6pp | 64.87%-50.3pp | 220.34%-205.8pp |
| Employer contribution / active EE | $560 | $4,972-88.7% | $4,294-87.0% | $4,156-86.5% |
| Participant deferral / active EE | $760 | $6,888-89.0% | $6,132-87.6% | $6,407-88.1% |
| Admin fee / account holder | $285 | $17,404-98.4% | $14,586-98.0% | $12,270-97.7% |