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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 | $24,542 | $165,399-85.2% | $149,745-83.6% | $158,982-84.6% |
| Participation rate | 40.0% | 84.6%-44.6pp | 82.5%-42.5pp | 82.0%-42.0pp |
| Annual return | 30.05% | 348.34%-318.3pp | 276.72%-246.7pp | 302.99%-272.9pp |
| Employer contribution / active EE | $194 | $5,105-96.2% | $4,646-95.8% | $4,763-95.9% |
| Participant deferral / active EE | $2,071 | $7,183-71.2% | $6,843-69.7% | $5,983-65.4% |
| Admin fee / account holder | $157 | $10,811-98.5% | $9,312-98.3% | $11,252-98.6% |