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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 | $183,516-84.2% | $155,534-81.4% | $145,884-80.1% |
| Participation rate | 15.0% | 82.7%-67.7pp | 78.2%-63.2pp | 80.3%-65.3pp |
| Annual return | 11.34% | 61.43%-50.1pp | 64.92%-53.6pp | 551.85%-540.5pp |
| Employer contribution / active EE | $224 | $5,315-95.8% | $4,675-95.2% | $4,662-95.2% |
| Participant deferral / active EE | $1,402 | $6,467-78.3% | $5,630-75.1% | $6,690-79.0% |
| Admin fee / account holder | $186 | $19,293-99.0% | $15,900-98.8% | $13,392-98.6% |