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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 | $29,352 | $157,829-81.4% | $136,867-78.6% | $198,609-85.2% |
| Participation rate | 60.0% | 77.2%-17.2pp | 74.5%-14.5pp | 82.4%-22.4pp |
| Annual return | 17.81% | 51.25%-33.4pp | 42.97%-25.2pp | 202.70%-184.9pp |
| Employer contribution / active EE | $391 | $3,923-90.0% | $3,547-89.0% | $5,055-92.3% |
| Participant deferral / active EE | $1,319 | $5,463-75.9% | $4,924-73.2% | $6,977-81.1% |
| Admin fee / account holder | $15 | $11,107-99.9% | $10,340-99.9% | $19,030-99.9% |