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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 | $124,980-73.9% | $108,359-69.9% | $154,746-78.9% |
| Participation rate | 18.8% | 75.2%-56.4pp | 70.1%-51.4pp | 80.7%-62.0pp |
| Annual return | 21.09% | 45.00%-23.9pp | 36.89%-15.8pp | 172.34%-151.2pp |
| Employer contribution / active EE | $372 | $2,851-87.0% | $2,399-84.5% | $4,379-91.5% |
| Participant deferral / active EE | $568 | $4,743-88.0% | $4,137-86.3% | $6,730-91.6% |
| Admin fee / account holder | $20 | $11,502-99.8% | $9,741-99.8% | $14,365-99.9% |