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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 | $155,555-86.6% | $146,866-85.8% | $155,188-86.6% |
| Participation rate | 41.7% | 84.0%-42.3pp | 82.5%-40.8pp | 80.8%-39.1pp |
| Annual return | 24.70% | 115.41%-90.7pp | 102.85%-78.2pp | 148.84%-124.1pp |
| Employer contribution / active EE | $455 | $4,647-90.2% | $4,425-89.7% | $4,248-89.3% |
| Participant deferral / active EE | $1,968 | $8,044-75.5% | $7,759-74.6% | $6,531-69.9% |
| Admin fee / account holder | $231 | $14,755-98.4% | $13,620-98.3% | $14,480-98.4% |