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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 | $30,187 | $154,228-80.4% | $145,433-79.2% | $137,256-78.0% |
| Participation rate | 40.0% | 83.8%-43.8pp | 82.1%-42.1pp | 80.0%-40.0pp |
| Annual return | 12.71% | 74.59%-61.9pp | 66.58%-53.9pp | 220.34%-207.6pp |
| Employer contribution / active EE | $745 | $4,804-84.5% | $4,554-83.6% | $4,156-82.1% |
| Participant deferral / active EE | $2,289 | $8,216-72.1% | $7,897-71.0% | $6,407-64.3% |
| Admin fee / account holder | $245 | $14,344-98.3% | $13,129-98.1% | $12,270-98.0% |