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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 | $65,570 | $212,777-69.2% | $173,703-62.3% | $198,609-67.0% |
| Participation rate | 16.7% | 81.1%-64.4pp | 75.9%-59.2pp | 82.4%-65.7pp |
| Annual return | 18.86% | 18.82%0pp | 17.46%+1.4pp | 202.70%-183.8pp |
| Employer contribution / active EE | $185 | $5,214-96.5% | $4,288-95.7% | $5,055-96.3% |
| Participant deferral / active EE | $185 | $5,697-96.8% | $4,854-96.2% | $6,977-97.3% |
| Admin fee / account holder | $122 | $19,536-99.4% | $15,562-99.2% | $19,030-99.4% |