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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 | $18,564 | $132,634-86.0% | $115,768-84.0% | $137,256-86.5% |
| Participation rate | 44.4% | 77.9%-33.4pp | 74.4%-29.9pp | 80.0%-35.5pp |
| Annual return | 16.25% | 160.70%-144.4pp | 100.46%-84.2pp | 220.34%-204.1pp |
| Employer contribution / active EE | $571 | $3,360-83.0% | $2,940-80.6% | $4,156-86.3% |
| Participant deferral / active EE | $663 | $5,619-88.2% | $4,917-86.5% | $6,407-89.6% |
| Admin fee / account holder | $35 | $15,028-99.8% | $12,439-99.7% | $12,270-99.7% |