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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 | $94,701 | $159,934-40.8% | $147,005-35.6% | $145,959-35.1% |
| Participation rate | 21.4% | 84.0%-62.6pp | 82.2%-60.7pp | 80.3%-58.9pp |
| Annual return | 15.36% | 98.24%-82.9pp | 418.76%-403.4pp | 561.95%-546.6pp |
| Employer contribution / active EE | $658 | $5,287-87.6% | $4,934-86.7% | $4,661-85.9% |
| Participant deferral / active EE | $1,193 | $8,427-85.8% | $8,070-85.2% | $6,689-82.2% |
| Admin fee / account holder | $28 | $15,053-99.8% | $13,006-99.8% | $13,398-99.8% |