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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 | $17,501 | $183,516-90.5% | $155,534-88.7% | $145,884-88.0% |
| Participation rate | 46.7% | 82.7%-36.0pp | 78.2%-31.6pp | 80.3%-33.6pp |
| Annual return | 14.33% | 61.43%-47.1pp | 64.92%-50.6pp | 551.85%-537.5pp |
| Employer contribution / active EE | $796 | $5,315-85.0% | $4,675-83.0% | $4,662-82.9% |
| Participant deferral / active EE | $1,158 | $6,467-82.1% | $5,630-79.4% | $6,690-82.7% |
| Admin fee / account holder | $120 | $19,293-99.4% | $15,900-99.2% | $13,392-99.1% |