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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 | $32,012 | $175,231-81.7% | $149,696-78.6% | $139,466-77.0% |
| Participation rate | 22.2% | 83.4%-61.2pp | 78.8%-56.6pp | 80.3%-58.1pp |
| Annual return | 21.01% | 166.77%-145.8pp | 134.46%-113.4pp | 373.66%-352.7pp |
| Employer contribution / active EE | $802 | $5,478-85.4% | $4,821-83.4% | $4,754-83.1% |
| Participant deferral / active EE | $1,065 | $6,521-83.7% | $5,682-81.3% | $6,712-84.1% |
| Admin fee / account holder | $133 | $16,155-99.2% | $13,212-99.0% | $11,409-98.8% |