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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 | $21,842 | $156,398-86.0% | $147,318-85.2% | $138,895-84.3% |
| Participation rate | 17.6% | 83.8%-66.1pp | 82.1%-64.4pp | 79.9%-62.3pp |
| Annual return | 18.86% | 78.75%-59.9pp | 70.43%-51.6pp | 145.39%-126.5pp |
| Employer contribution / active EE | $520 | $4,853-89.3% | $4,593-88.7% | $4,194-87.6% |
| Participant deferral / active EE | $879 | $8,237-89.3% | $7,906-88.9% | $6,396-86.3% |
| Admin fee / account holder | $73 | $14,976-99.5% | $13,708-99.5% | $12,562-99.4% |