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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 | $33,146 | $135,956-75.6% | $123,894-73.2% | $273,972-87.9% |
| Participation rate | 50.0% | 84.1%-34.1pp | 81.4%-31.4pp | 83.0%-33.0pp |
| Annual return | 66.33% | 56.63%+9.7pp | 47.52%+18.8pp | 41.46%+24.9pp |
| Employer contribution / active EE | $109 | $5,170-97.9% | $4,617-97.6% | $4,869-97.8% |
| Participant deferral / active EE | $164 | $6,343-97.4% | $5,984-97.3% | $5,287-96.9% |
| Admin fee / account holder | $61 | $9,817-99.4% | $8,357-99.3% | $10,133-99.4% |