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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 | $154,228-85.1% | $145,433-84.2% | $137,256-83.2% |
| Participation rate | 15.8% | 83.8%-68.0pp | 82.1%-66.3pp | 80.0%-64.2pp |
| Annual return | 28.75% | 74.59%-45.8pp | 66.58%-37.8pp | 220.34%-191.6pp |
| Employer contribution / active EE | $423 | $4,804-91.2% | $4,554-90.7% | $4,156-89.8% |
| Participant deferral / active EE | $1,623 | $8,216-80.2% | $7,897-79.4% | $6,407-74.7% |
| Admin fee / account holder | $151 | $14,344-98.9% | $13,129-98.9% | $12,270-98.8% |