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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 | $17,710 | $129,737-86.3% | $119,126-85.1% | $154,746-88.6% |
| Participation rate | 58.3% | 78.9%-20.5pp | 75.8%-17.4pp | 80.7%-22.4pp |
| Annual return | 14.72% | 379.08%-364.4pp | 282.11%-267.4pp | 172.34%-157.6pp |
| Employer contribution / active EE | $518 | $4,375-88.2% | $4,034-87.2% | $4,379-88.2% |
| Participant deferral / active EE | $1,672 | $5,842-71.4% | $5,318-68.6% | $6,730-75.2% |
| Admin fee / account holder | $180 | $11,961-98.5% | $10,693-98.3% | $14,365-98.8% |