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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 | $54,787 | $209,422-73.8% | $178,503-69.3% | $158,982-65.5% |
| Participation rate | 50.0% | 86.4%-36.4pp | 81.9%-31.9pp | 82.0%-32.0pp |
| Annual return | 13.75% | 188.81%-175.1pp | 151.12%-137.4pp | 302.99%-289.2pp |
| Employer contribution / active EE | $870 | $5,707-84.8% | $5,011-82.6% | $4,763-81.7% |
| Participant deferral / active EE | $870 | $5,955-85.4% | $5,202-83.3% | $5,983-85.5% |
| Admin fee / account holder | $20 | $17,079-99.9% | $13,987-99.9% | $11,252-99.8% |