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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 | $38,709 | $162,136-76.1% | $152,301-74.6% | $154,746-75.0% |
| Participation rate | 60.0% | 84.1%-24.1pp | 82.4%-22.4pp | 80.7%-20.7pp |
| Annual return | 19.96% | 91.02%-71.1pp | 80.50%-60.5pp | 172.34%-152.4pp |
| Employer contribution / active EE | $624 | $4,890-87.2% | $4,624-86.5% | $4,379-85.8% |
| Participant deferral / active EE | $1,040 | $8,341-87.5% | $8,004-87.0% | $6,730-84.5% |
| Admin fee / account holder | $197 | $15,759-98.8% | $14,398-98.6% | $14,365-98.6% |