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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 | $26,854 | $162,967-83.5% | $135,792-80.2% | $138,895-80.7% |
| Participation rate | 12.5% | 78.3%-65.8pp | 72.6%-60.1pp | 79.9%-67.4pp |
| Annual return | 23.07% | 30.08%-7.0pp | 25.96%-2.9pp | 145.39%-122.3pp |
| Employer contribution / active EE | $596 | $4,211-85.9% | $3,496-83.0% | $4,194-85.8% |
| Participant deferral / active EE | $1,312 | $5,640-76.7% | $4,759-72.4% | $6,396-79.5% |
| Admin fee / account holder | $97 | $15,306-99.4% | $12,266-99.2% | $12,562-99.2% |