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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 | $23,218 | $174,379-86.7% | $152,093-84.7% | $138,895-83.3% |
| Participation rate | 20.0% | 81.6%-61.6pp | 77.8%-57.8pp | 79.9%-59.9pp |
| Annual return | 21.70% | 74.86%-53.2pp | 66.36%-44.7pp | 145.39%-123.7pp |
| Employer contribution / active EE | $765 | $4,652-83.6% | $4,175-81.7% | $4,194-81.8% |
| Participant deferral / active EE | $1,065 | $6,159-82.7% | $5,451-80.5% | $6,396-83.3% |
| Admin fee / account holder | $63 | $16,880-99.6% | $14,497-99.6% | $12,562-99.5% |