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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 | $35,591 | $162,136-78.0% | $152,301-76.6% | $154,746-77.0% |
| Participation rate | 61.5% | 84.1%-22.6pp | 82.4%-20.9pp | 80.7%-19.2pp |
| Annual return | 14.80% | 91.02%-76.2pp | 80.50%-65.7pp | 172.34%-157.5pp |
| Employer contribution / active EE | $865 | $4,890-82.3% | $4,624-81.3% | $4,379-80.3% |
| Participant deferral / active EE | $2,564 | $8,341-69.3% | $8,004-68.0% | $6,730-61.9% |
| Admin fee / account holder | $100 | $15,759-99.4% | $14,398-99.3% | $14,365-99.3% |