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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 | $114,948 | $110,337+4.2% | $102,383+12.3% | $145,877-21.2% |
| Participation rate | 33.3% | 77.9%-44.6pp | 74.5%-41.2pp | 80.3%-47.0pp |
| Annual return | 11.97% | 24.83%-12.9pp | 24.94%-13.0pp | 551.28%-539.3pp |
| Employer contribution / active EE | $499 | $4,216-88.2% | $3,870-87.1% | $4,663-89.3% |
| Participant deferral / active EE | $544 | $5,621-90.3% | $5,060-89.3% | $6,691-91.9% |
| Admin fee / account holder | $0 | $9,750-100.0% | $8,391-100.0% | $13,402-100.0% |