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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 | $84,274 | $157,276-46.4% | $141,177-40.3% | $152,885-44.9% |
| Participation rate | 35.3% | 84.8%-49.5pp | 82.5%-47.2pp | 82.5%-47.2pp |
| Annual return | 18.22% | 64.33%-46.1pp | 71.40%-53.2pp | 345.39%-327.2pp |
| Employer contribution / active EE | $404 | $5,262-92.3% | $4,736-91.5% | $4,763-91.5% |
| Participant deferral / active EE | $1,431 | $7,110-79.9% | $6,710-78.7% | $5,851-75.5% |
| Admin fee / account holder | $274 | $12,123-97.7% | $10,263-97.3% | $11,598-97.6% |