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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 | $177,156-63.0% | $147,027-55.4% | $154,746-57.6% |
| Participation rate | 16.7% | 79.4%-62.7pp | 73.7%-57.1pp | 80.7%-64.0pp |
| Annual return | 18.86% | 21.94%-3.1pp | 20.23%-1.4pp | 172.34%-153.5pp |
| Employer contribution / active EE | $185 | $4,336-95.7% | $3,626-94.9% | $4,379-95.8% |
| Participant deferral / active EE | $185 | $5,797-96.8% | $4,933-96.2% | $6,730-97.3% |
| Admin fee / account holder | $122 | $14,904-99.2% | $12,223-99.0% | $14,365-99.2% |