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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 | $34,055 | $157,304-78.4% | $141,197-75.9% | $152,909-77.7% |
| Participation rate | 44.4% | 84.8%-40.4pp | 82.5%-38.0pp | 82.5%-38.0pp |
| Annual return | 18.47% | 64.34%-45.9pp | 71.41%-52.9pp | 345.46%-327.0pp |
| Employer contribution / active EE | $892 | $5,263-83.0% | $4,736-81.2% | $4,764-81.3% |
| Participant deferral / active EE | $1,050 | $7,111-85.2% | $6,710-84.3% | $5,851-82.0% |
| Admin fee / account holder | $18 | $12,126-99.9% | $10,265-99.8% | $11,601-99.8% |