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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 | $30,415 | $148,582-79.5% | $135,942-77.6% | $139,456-78.2% |
| Participation rate | 33.3% | 83.9%-50.5pp | 81.9%-48.6pp | 80.3%-47.0pp |
| Annual return | 16.57% | 79.26%-62.7pp | 68.28%-51.7pp | 373.45%-356.9pp |
| Employer contribution / active EE | $950 | $5,245-81.9% | $4,858-80.5% | $4,753-80.0% |
| Participant deferral / active EE | $1,124 | $8,101-86.1% | $7,759-85.5% | $6,711-83.3% |
| Admin fee / account holder | $215 | $12,402-98.3% | $10,764-98.0% | $11,407-98.1% |