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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 | $16,915 | $148,623-88.6% | $135,974-87.6% | $139,466-87.9% |
| Participation rate | 42.9% | 83.9%-41.0pp | 81.9%-39.1pp | 80.3%-37.5pp |
| Annual return | 21.63% | 79.30%-57.7pp | 68.30%-46.7pp | 373.66%-352.0pp |
| Employer contribution / active EE | $426 | $5,246-91.9% | $4,859-91.2% | $4,754-91.0% |
| Participant deferral / active EE | $1,448 | $8,103-82.1% | $7,760-81.3% | $6,712-78.4% |
| Admin fee / account holder | $281 | $12,406-97.7% | $10,767-97.4% | $11,409-97.5% |