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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 | $34,250 | $199,109-82.8% | $173,730-80.3% | $154,746-77.9% |
| Participation rate | 42.9% | 82.8%-40.0pp | 79.6%-36.7pp | 80.7%-37.8pp |
| Annual return | 19.73% | 20.02%-0.3pp | 19.96%-0.2pp | 172.34%-152.6pp |
| Employer contribution / active EE | $1,127 | $5,311-78.8% | $4,577-75.4% | $4,379-74.3% |
| Participant deferral / active EE | $1,417 | $7,113-80.1% | $6,326-77.6% | $6,730-78.9% |
| Admin fee / account holder | $35 | $20,916-99.8% | $17,523-99.8% | $14,365-99.8% |