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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 | $25,320 | $156,398-83.8% | $147,318-82.8% | $138,895-81.8% |
| Participation rate | 16.7% | 83.8%-67.1pp | 82.1%-65.4pp | 79.9%-63.3pp |
| Annual return | 18.08% | 78.75%-60.7pp | 70.43%-52.4pp | 145.39%-127.3pp |
| Employer contribution / active EE | $667 | $4,853-86.3% | $4,593-85.5% | $4,194-84.1% |
| Participant deferral / active EE | $417 | $8,237-94.9% | $7,906-94.7% | $6,396-93.5% |
| Admin fee / account holder | $153 | $14,976-99.0% | $13,708-98.9% | $12,562-98.8% |