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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 | $185,312-86.1% | $161,489-84.1% | $154,746-83.4% |
| Participation rate | 15.4% | 82.5%-67.1pp | 78.7%-63.3pp | 80.7%-65.3pp |
| Annual return | 20.78% | 103.84%-83.1pp | 89.72%-68.9pp | 172.34%-151.6pp |
| Employer contribution / active EE | $378 | $4,769-92.1% | $4,268-91.1% | $4,379-91.4% |
| Participant deferral / active EE | $318 | $6,350-95.0% | $5,630-94.4% | $6,730-95.3% |
| Admin fee / account holder | $46 | $18,654-99.8% | $16,006-99.7% | $14,365-99.7% |