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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 | $46,413 | $156,398-70.3% | $147,318-68.5% | $138,895-66.6% |
| Participation rate | 40.0% | 83.8%-43.8pp | 82.1%-42.1pp | 79.9%-39.9pp |
| Annual return | 19.95% | 78.75%-58.8pp | 70.43%-50.5pp | 145.39%-125.4pp |
| Employer contribution / active EE | $418 | $4,853-91.4% | $4,593-90.9% | $4,194-90.0% |
| Participant deferral / active EE | $2,257 | $8,237-72.6% | $7,906-71.5% | $6,396-64.7% |
| Admin fee / account holder | $264 | $14,976-98.2% | $13,708-98.1% | $12,562-97.9% |