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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 | $20,618 | $175,231-88.2% | $149,696-86.2% | $139,466-85.2% |
| Participation rate | 25.0% | 83.4%-58.4pp | 78.8%-53.8pp | 80.3%-55.3pp |
| Annual return | 21.19% | 166.77%-145.6pp | 134.46%-113.3pp | 373.66%-352.5pp |
| Employer contribution / active EE | $300 | $5,478-94.5% | $4,821-93.8% | $4,754-93.7% |
| Participant deferral / active EE | $845 | $6,521-87.0% | $5,682-85.1% | $6,712-87.4% |
| Admin fee / account holder | $98 | $16,155-99.4% | $13,212-99.3% | $11,409-99.1% |