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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 | $56,696 | $156,398-63.7% | $147,318-61.5% | $138,895-59.2% |
| Participation rate | 22.2% | 83.8%-61.5pp | 82.1%-59.8pp | 79.9%-57.7pp |
| Annual return | 20.78% | 78.75%-58.0pp | 70.43%-49.7pp | 145.39%-124.6pp |
| Employer contribution / active EE | $505 | $4,853-89.6% | $4,593-89.0% | $4,194-88.0% |
| Participant deferral / active EE | $1,009 | $8,237-87.7% | $7,906-87.2% | $6,396-84.2% |
| Admin fee / account holder | $19 | $14,976-99.9% | $13,708-99.9% | $12,562-99.8% |