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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 | $18,956 | $156,398-87.9% | $147,318-87.1% | $138,895-86.4% |
| Participation rate | 21.4% | 83.8%-62.3pp | 82.1%-60.6pp | 79.9%-58.5pp |
| Annual return | 21.04% | 78.75%-57.7pp | 70.43%-49.4pp | 145.39%-124.4pp |
| Employer contribution / active EE | $324 | $4,853-93.3% | $4,593-93.0% | $4,194-92.3% |
| Participant deferral / active EE | $1,136 | $8,237-86.2% | $7,906-85.6% | $6,396-82.2% |
| Admin fee / account holder | $76 | $14,976-99.5% | $13,708-99.4% | $12,562-99.4% |