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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 | $26,751 | $157,270-83.0% | $141,173-81.1% | $152,870-82.5% |
| Participation rate | 50.0% | 84.8%-34.8pp | 82.5%-32.5pp | 82.4%-32.4pp |
| Annual return | 22.52% | 64.33%-41.8pp | 71.40%-48.9pp | 345.34%-322.8pp |
| Employer contribution / active EE | $662 | $5,261-87.4% | $4,735-86.0% | $4,763-86.1% |
| Participant deferral / active EE | $993 | $7,110-86.0% | $6,710-85.2% | $5,850-83.0% |
| Admin fee / account holder | $242 | $12,121-98.0% | $10,262-97.6% | $11,597-97.9% |