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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 | $25,680 | $172,111-85.1% | $150,298-82.9% | $137,256-81.3% |
| Participation rate | 15.4% | 81.7%-66.3pp | 77.8%-62.4pp | 80.0%-64.6pp |
| Annual return | 20.78% | 69.37%-48.6pp | 62.79%-42.0pp | 220.34%-199.6pp |
| Employer contribution / active EE | $378 | $4,636-91.9% | $4,154-90.9% | $4,156-90.9% |
| Participant deferral / active EE | $318 | $6,166-94.8% | $5,453-94.2% | $6,407-95.0% |
| Admin fee / account holder | $46 | $16,471-99.7% | $14,116-99.7% | $12,270-99.6% |