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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 | $19,420 | $111,814-82.6% | $103,378-81.2% | $145,978-86.7% |
| Participation rate | 36.4% | 77.9%-41.6pp | 74.5%-38.1pp | 80.3%-43.9pp |
| Annual return | 14.17% | 24.80%-10.6pp | 24.91%-10.7pp | 550.52%-536.3pp |
| Employer contribution / active EE | $851 | $4,215-79.8% | $3,870-78.0% | $4,662-81.8% |
| Participant deferral / active EE | $966 | $5,618-82.8% | $5,058-80.9% | $6,690-85.6% |
| Admin fee / account holder | $95 | $9,764-99.0% | $8,401-98.9% | $13,400-99.3% |