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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 | $47,117 | $183,592-74.3% | $155,574-69.7% | $145,877-67.7% |
| Participation rate | 15.8% | 82.7%-66.9pp | 78.2%-62.4pp | 80.3%-64.5pp |
| Annual return | 11.53% | 61.37%-49.8pp | 64.87%-53.3pp | 551.28%-539.8pp |
| Employer contribution / active EE | $541 | $5,317-89.8% | $4,676-88.4% | $4,663-88.4% |
| Participant deferral / active EE | $1,188 | $6,466-81.6% | $5,629-78.9% | $6,691-82.2% |
| Admin fee / account holder | $196 | $19,316-99.0% | $15,914-98.8% | $13,402-98.5% |