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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 | $50,240 | $197,625-74.6% | $177,840-71.7% | $158,966-68.4% |
| Participation rate | 25.0% | 88.5%-63.5pp | 87.7%-62.7pp | 82.0%-57.0pp |
| Annual return | 8.95% | 58.76%-49.8pp | 48.32%-39.4pp | 302.95%-294.0pp |
| Employer contribution / active EE | $864 | $6,698-87.1% | $5,919-85.4% | $4,762-81.9% |
| Participant deferral / active EE | $1,043 | $8,405-87.6% | $7,714-86.5% | $5,983-82.6% |
| Admin fee / account holder | $243 | $15,405-98.4% | $12,431-98.0% | $11,250-97.8% |