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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 | $20,922 | $183,539-88.6% | $155,556-86.6% | $145,897-85.7% |
| Participation rate | 35.0% | 82.7%-47.7pp | 78.2%-43.2pp | 80.3%-45.3pp |
| Annual return | 11.14% | 61.31%-50.2pp | 64.84%-53.7pp | 552.29%-541.2pp |
| Employer contribution / active EE | $922 | $5,315-82.7% | $4,675-80.3% | $4,663-80.2% |
| Participant deferral / active EE | $1,111 | $6,467-82.8% | $5,631-80.3% | $6,689-83.4% |
| Admin fee / account holder | $53 | $19,275-99.7% | $15,885-99.7% | $13,390-99.6% |