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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 | $25,592 | $176,120-85.5% | $159,487-84.0% | $167,553-84.7% |
| Participation rate | 28.6% | 85.0%-56.4pp | 82.8%-54.3pp | 82.1%-53.5pp |
| Annual return | 13.06% | 331.95%-318.9pp | 263.71%-250.6pp | 478.89%-465.8pp |
| Employer contribution / active EE | $786 | $5,299-85.2% | $4,831-83.7% | $4,840-83.8% |
| Participant deferral / active EE | $1,769 | $7,752-77.2% | $7,354-75.9% | $6,343-72.1% |
| Admin fee / account holder | $101 | $12,561-99.2% | $10,804-99.1% | $12,316-99.2% |