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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 | $76,288 | $185,312-58.8% | $161,489-52.8% | $154,746-50.7% |
| Participation rate | 50.0% | 82.5%-32.5pp | 78.7%-28.7pp | 80.7%-30.7pp |
| Annual return | 17.16% | 103.84%-86.7pp | 89.72%-72.6pp | 172.34%-155.2pp |
| Employer contribution / active EE | $724 | $4,769-84.8% | $4,268-83.0% | $4,379-83.5% |
| Participant deferral / active EE | $790 | $6,350-87.6% | $5,630-86.0% | $6,730-88.3% |
| Admin fee / account holder | $81 | $18,654-99.6% | $16,006-99.5% | $14,365-99.4% |