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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 | $19,227 | $110,212-82.6% | $96,534-80.1% | $139,466-86.2% |
| Participation rate | 20.8% | 78.1%-57.3pp | 76.0%-55.1pp | 80.3%-59.5pp |
| Annual return | 23.75% | 26.42%-2.7pp | 25.88%-2.1pp | 373.66%-349.9pp |
| Employer contribution / active EE | $406 | $3,620-88.8% | $2,965-86.3% | $4,754-91.5% |
| Participant deferral / active EE | $1,277 | $5,547-77.0% | $4,851-73.7% | $6,712-81.0% |
| Admin fee / account holder | $144 | $11,599-98.8% | $8,253-98.3% | $11,409-98.7% |