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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 | $38,323 | $155,555-75.4% | $146,866-73.9% | $155,188-75.3% |
| Participation rate | 18.2% | 84.0%-65.8pp | 82.5%-64.3pp | 80.8%-62.6pp |
| Annual return | 16.77% | 115.41%-98.6pp | 102.85%-86.1pp | 148.84%-132.1pp |
| Employer contribution / active EE | $455 | $4,647-90.2% | $4,425-89.7% | $4,248-89.3% |
| Participant deferral / active EE | $1,136 | $8,044-85.9% | $7,759-85.4% | $6,531-82.6% |
| Admin fee / account holder | $78 | $14,755-99.5% | $13,620-99.4% | $14,480-99.5% |