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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 | $50,566 | $80,992-37.6% | $96,534-47.6% | $75,173-32.7% |
| Participation rate | 11.9% | 71.8%-59.9pp | 76.0%-64.1pp | 67.2%-55.3pp |
| Annual return | 18.44% | 27.05%-8.6pp | 25.88%-7.4pp | 160.72%-142.3pp |
| Employer contribution / active EE | $447 | $2,283-80.4% | $2,965-84.9% | $2,671-83.3% |
| Participant deferral / active EE | $934 | $3,929-76.2% | $4,851-80.7% | $4,126-77.4% |
| Admin fee / account holder | $0 | $6,717-100.0% | $8,253-100.0% | $5,651-100.0% |