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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 | $19,104 | $129,737-85.3% | $119,126-84.0% | $154,746-87.7% |
| Participation rate | 22.2% | 78.9%-56.6pp | 75.8%-53.5pp | 80.7%-58.5pp |
| Annual return | 15.77% | 379.08%-363.3pp | 282.11%-266.3pp | 172.34%-156.6pp |
| Employer contribution / active EE | $734 | $4,375-83.2% | $4,034-81.8% | $4,379-83.2% |
| Participant deferral / active EE | $745 | $5,842-87.3% | $5,318-86.0% | $6,730-88.9% |
| Admin fee / account holder | $115 | $11,961-99.0% | $10,693-98.9% | $14,365-99.2% |