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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 | $156,398-80.7% | $147,318-79.5% | $138,895-78.3% |
| Participation rate | 40.0% | 83.8%-43.8pp | 82.1%-42.1pp | 79.9%-39.9pp |
| Annual return | 12.71% | 78.75%-66.0pp | 70.43%-57.7pp | 145.39%-132.7pp |
| Employer contribution / active EE | $745 | $4,853-84.6% | $4,593-83.8% | $4,194-82.2% |
| Participant deferral / active EE | $2,289 | $8,237-72.2% | $7,906-71.0% | $6,396-64.2% |
| Admin fee / account holder | $245 | $14,976-98.4% | $13,708-98.2% | $12,562-98.1% |