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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 | $93,716 | $196,972-52.4% | $182,262-48.6% | $198,609-52.8% |
| Participation rate | 23.8% | 85.7%-61.9pp | 84.2%-60.4pp | 82.4%-58.6pp |
| Annual return | 30.37% | 158.27%-127.9pp | 140.60%-110.2pp | 202.70%-172.3pp |
| Employer contribution / active EE | $904 | $5,364-83.1% | $5,046-82.1% | $5,055-82.1% |
| Participant deferral / active EE | $2,606 | $8,643-69.8% | $8,276-68.5% | $6,977-62.6% |
| Admin fee / account holder | $0 | $18,429-100.0% | $16,712-100.0% | $19,030-100.0% |