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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 | $156,398-75.5% | $147,318-74.0% | $138,895-72.4% |
| Participation rate | 18.2% | 83.8%-65.6pp | 82.1%-63.9pp | 79.9%-61.7pp |
| Annual return | 16.77% | 78.75%-62.0pp | 70.43%-53.7pp | 145.39%-128.6pp |
| Employer contribution / active EE | $455 | $4,853-90.6% | $4,593-90.1% | $4,194-89.2% |
| Participant deferral / active EE | $1,136 | $8,237-86.2% | $7,906-85.6% | $6,396-82.2% |
| Admin fee / account holder | $78 | $14,976-99.5% | $13,708-99.4% | $12,562-99.4% |