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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 | $20,691 | $160,070-87.1% | $147,117-85.9% | $145,897-85.8% |
| Participation rate | 30.8% | 84.0%-53.3pp | 82.2%-51.4pp | 80.3%-49.5pp |
| Annual return | 9.72% | 98.69%-89.0pp | 420.54%-410.8pp | 552.29%-542.6pp |
| Employer contribution / active EE | $254 | $5,285-95.2% | $4,932-94.9% | $4,663-94.6% |
| Participant deferral / active EE | $868 | $8,419-89.7% | $8,065-89.2% | $6,689-87.0% |
| Admin fee / account holder | $124 | $15,035-99.2% | $12,993-99.0% | $13,390-99.1% |