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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 | $129,737-81.7% | $119,126-80.1% | $154,746-84.7% |
| Participation rate | 26.3% | 78.9%-52.5pp | 75.8%-49.4pp | 80.7%-54.4pp |
| Annual return | 22.62% | 379.08%-356.5pp | 282.11%-259.5pp | 172.34%-149.7pp |
| Employer contribution / active EE | $283 | $4,375-93.5% | $4,034-93.0% | $4,379-93.5% |
| Participant deferral / active EE | $1,407 | $5,842-75.9% | $5,318-73.5% | $6,730-79.1% |
| Admin fee / account holder | $71 | $11,961-99.4% | $10,693-99.3% | $14,365-99.5% |