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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 | $33,218 | $161,352-79.4% | $134,172-75.2% | $137,256-75.8% |
| Participation rate | 16.7% | 78.3%-61.6pp | 72.5%-55.8pp | 80.0%-63.3pp |
| Annual return | 19.63% | 28.72%-9.1pp | 25.30%-5.7pp | 220.34%-200.7pp |
| Employer contribution / active EE | $262 | $4,099-93.6% | $3,420-92.3% | $4,156-93.7% |
| Participant deferral / active EE | $611 | $5,552-89.0% | $4,690-87.0% | $6,407-90.5% |
| Admin fee / account holder | $205 | $15,028-98.6% | $12,016-98.3% | $12,270-98.3% |