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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 | $20,871 | $154,228-86.5% | $145,433-85.6% | $137,256-84.8% |
| Participation rate | 41.7% | 83.8%-42.1pp | 82.1%-40.5pp | 80.0%-38.3pp |
| Annual return | 24.70% | 74.59%-49.9pp | 66.58%-41.9pp | 220.34%-195.6pp |
| Employer contribution / active EE | $455 | $4,804-90.5% | $4,554-90.0% | $4,156-89.0% |
| Participant deferral / active EE | $1,968 | $8,216-76.1% | $7,897-75.1% | $6,407-69.3% |
| Admin fee / account holder | $231 | $14,344-98.4% | $13,129-98.2% | $12,270-98.1% |