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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 | $28,987 | $183,592-84.2% | $155,574-81.4% | $145,877-80.1% |
| Participation rate | 15.0% | 82.7%-67.7pp | 78.2%-63.2pp | 80.3%-65.3pp |
| Annual return | 11.34% | 61.37%-50.0pp | 64.87%-53.5pp | 551.28%-539.9pp |
| Employer contribution / active EE | $224 | $5,317-95.8% | $4,676-95.2% | $4,663-95.2% |
| Participant deferral / active EE | $1,402 | $6,466-78.3% | $5,629-75.1% | $6,691-79.0% |
| Admin fee / account holder | $186 | $19,316-99.0% | $15,914-98.8% | $13,402-98.6% |