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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 | $32,611 | $112,729-71.1% | $98,716-67.0% | $137,256-76.2% |
| Participation rate | 18.8% | 74.2%-55.5pp | 69.3%-50.5pp | 80.0%-61.2pp |
| Annual return | 21.09% | 38.48%-17.4pp | 31.81%-10.7pp | 220.34%-199.3pp |
| Employer contribution / active EE | $372 | $2,725-86.4% | $2,279-83.7% | $4,156-91.1% |
| Participant deferral / active EE | $568 | $4,640-87.8% | $4,048-86.0% | $6,407-91.1% |
| Admin fee / account holder | $20 | $10,129-99.8% | $8,703-99.8% | $12,270-99.8% |