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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 | $60,768 | $275,752-78.0% | $256,809-76.3% | $198,609-69.4% |
| Participation rate | 60.0% | 89.2%-29.2pp | 88.5%-28.5pp | 82.4%-22.4pp |
| Annual return | 18.14% | 34.81%-16.7pp | 32.73%-14.6pp | 202.70%-184.6pp |
| Employer contribution / active EE | $1,494 | $7,721-80.7% | $7,263-79.4% | $5,055-70.5% |
| Participant deferral / active EE | $2,373 | $10,037-76.4% | $9,520-75.1% | $6,977-66.0% |
| Admin fee / account holder | $33 | $25,716-99.9% | $25,146-99.9% | $19,030-99.8% |