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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 | $23,730 | $111,535-78.7% | $105,223-77.4% | $137,256-82.7% |
| Participation rate | 26.3% | 78.1%-51.8pp | 75.0%-48.7pp | 80.0%-53.6pp |
| Annual return | 22.62% | 237.85%-215.2pp | 180.65%-158.0pp | 220.34%-197.7pp |
| Employer contribution / active EE | $283 | $3,939-92.8% | $3,689-92.3% | $4,156-93.2% |
| Participant deferral / active EE | $1,407 | $5,500-74.4% | $5,072-72.3% | $6,407-78.0% |
| Admin fee / account holder | $71 | $9,721-99.3% | $8,859-99.2% | $12,270-99.4% |