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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 | $37,429 | $148,582-74.8% | $135,942-72.5% | $139,456-73.2% |
| Participation rate | 29.4% | 83.9%-54.4pp | 81.9%-52.5pp | 80.3%-50.9pp |
| Annual return | 14.46% | 79.26%-64.8pp | 68.28%-53.8pp | 373.45%-359.0pp |
| Employer contribution / active EE | $783 | $5,245-85.1% | $4,858-83.9% | $4,753-83.5% |
| Participant deferral / active EE | $1,868 | $8,101-76.9% | $7,759-75.9% | $6,711-72.2% |
| Admin fee / account holder | $2 | $12,402-100.0% | $10,764-100.0% | $11,407-100.0% |