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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 | $99,438 | $92,219+7.8% | $76,768+29.5% | $135,379-26.5% |
| Participation rate | 40.0% | 79.8%-39.8pp | 77.0%-37.0pp | 82.6%-42.6pp |
| Annual return | 8.49% | 5.46%+3.0pp | 2.43%+6.1pp | 519.79%-511.3pp |
| Employer contribution / active EE | $177 | $3,216-94.5% | $2,485-92.9% | $4,779-96.3% |
| Participant deferral / active EE | $707 | $4,508-84.3% | $3,852-81.7% | $5,609-87.4% |
| Admin fee / account holder | $26 | $10,749-99.8% | $6,675-99.6% | $10,828-99.8% |