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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 | $38,689 | $127,386-69.6% | $115,037-66.4% | $125,393-69.1% |
| Participation rate | 41.2% | 84.2%-43.0pp | 81.4%-40.2pp | 83.2%-42.0pp |
| Annual return | 21.65% | 31.28%-9.6pp | 26.14%-4.5pp | 282.23%-260.6pp |
| Employer contribution / active EE | $436 | $5,166-91.6% | $4,608-90.5% | $4,866-91.0% |
| Participant deferral / active EE | $1,322 | $6,423-79.4% | $6,026-78.1% | $5,351-75.3% |
| Admin fee / account holder | $64 | $9,516-99.3% | $8,175-99.2% | $9,541-99.3% |