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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 | $40,145 | $127,387-68.5% | $115,038-65.1% | $125,389-68.0% |
| Participation rate | 17.4% | 84.2%-66.8pp | 81.4%-64.0pp | 83.2%-65.8pp |
| Annual return | -1.08% | 31.28%-32.4pp | 26.14%-27.2pp | 282.24%-283.3pp |
| Employer contribution / active EE | $272 | $5,166-94.7% | $4,608-94.1% | $4,866-94.4% |
| Participant deferral / active EE | $923 | $6,423-85.6% | $6,026-84.7% | $5,352-82.7% |
| Admin fee / account holder | $143 | $9,516-98.5% | $8,175-98.3% | $9,541-98.5% |