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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 | $23,021 | $156,398-85.3% | $147,318-84.4% | $138,895-83.4% |
| Participation rate | 15.8% | 83.8%-68.0pp | 82.1%-66.3pp | 79.9%-64.1pp |
| Annual return | 28.75% | 78.75%-50.0pp | 70.43%-41.7pp | 145.39%-116.6pp |
| Employer contribution / active EE | $423 | $4,853-91.3% | $4,593-90.8% | $4,194-89.9% |
| Participant deferral / active EE | $1,623 | $8,237-80.3% | $7,906-79.5% | $6,396-74.6% |
| Admin fee / account holder | $151 | $14,976-99.0% | $13,708-98.9% | $12,562-98.8% |