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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 | $59,943 | $155,555-61.5% | $146,866-59.2% | $155,188-61.4% |
| Participation rate | 53.3% | 84.0%-30.6pp | 82.5%-29.2pp | 80.8%-27.5pp |
| Annual return | 20.89% | 115.41%-94.5pp | 102.85%-82.0pp | 148.84%-127.9pp |
| Employer contribution / active EE | $0 | $4,647-100.0% | $4,425-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $320 | $8,044-96.0% | $7,759-95.9% | $6,531-95.1% |
| Admin fee / account holder | $61 | $14,755-99.6% | $13,620-99.6% | $14,480-99.6% |