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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 | $152,085 | $46,697+225.7% | $117,533+29.4% | $68,486+122.1% |
| Participation rate | 6.1% | 56.8%-50.7pp | 70.6%-64.5pp | 67.9%-61.8pp |
| Annual return | -16.31% | -14.52%-1.8pp | 29.77%-46.1pp | -7.85%-8.5pp |
| Employer contribution / active EE | $35 | $1,506-97.7% | $4,179-99.2% | $2,597-98.7% |
| Participant deferral / active EE | $95 | $2,637-96.4% | $4,072-97.7% | $4,028-97.6% |
| Admin fee / account holder | $40 | $4,023-99.0% | $5,647-99.3% | $5,404-99.3% |