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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 | $34,185 | $167,483-79.6% | $115,752-70.5% | $147,586-76.8% |
| Participation rate | 11.1% | 81.7%-70.6pp | 77.8%-66.7pp | 82.8%-71.7pp |
| Annual return | 15.83% | 12.11%+3.7pp | 19.41%-3.6pp | 578.59%-562.8pp |
| Employer contribution / active EE | $569 | $4,960-88.5% | $3,492-83.7% | $4,876-88.3% |
| Participant deferral / active EE | $854 | $7,037-87.9% | $5,204-83.6% | $5,439-84.3% |
| Admin fee / account holder | $213 | $13,069-98.4% | $6,278-96.6% | $10,886-98.0% |