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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 | $52,353 | $154,228-66.1% | $145,433-64.0% | $137,256-61.9% |
| Participation rate | 6.7% | 83.8%-77.1pp | 82.1%-75.5pp | 80.0%-73.3pp |
| Annual return | 16.80% | 74.59%-57.8pp | 66.58%-49.8pp | 220.34%-203.5pp |
| Employer contribution / active EE | $68 | $4,804-98.6% | $4,554-98.5% | $4,156-98.4% |
| Participant deferral / active EE | $169 | $8,216-97.9% | $7,897-97.9% | $6,407-97.4% |
| Admin fee / account holder | $75 | $14,344-99.5% | $13,129-99.4% | $12,270-99.4% |