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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 | $47,514 | $160,040-70.3% | $147,096-67.7% | $145,877-67.4% |
| Participation rate | 30.0% | 84.0%-54.0pp | 82.2%-52.2pp | 80.3%-50.3pp |
| Annual return | 17.57% | 98.49%-80.9pp | 419.75%-402.2pp | 551.28%-533.7pp |
| Employer contribution / active EE | $928 | $5,289-82.5% | $4,936-81.2% | $4,663-80.1% |
| Participant deferral / active EE | $1,176 | $8,429-86.0% | $8,071-85.4% | $6,691-82.4% |
| Admin fee / account holder | $110 | $15,050-99.3% | $13,005-99.2% | $13,402-99.2% |