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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 | $147,510 | $110,307+33.7% | $96,576+52.7% | $139,456+5.8% |
| Participation rate | 50.0% | 78.1%-28.1pp | 76.0%-26.0pp | 80.3%-30.3pp |
| Annual return | 15.86% | 26.40%-10.5pp | 25.87%-10.0pp | 373.45%-357.6pp |
| Employer contribution / active EE | $554 | $3,619-84.7% | $2,965-81.3% | $4,753-88.3% |
| Participant deferral / active EE | $701 | $5,547-87.4% | $4,851-85.6% | $6,711-89.6% |
| Admin fee / account holder | $0 | $11,597-100.0% | $8,253-100.0% | $11,407-100.0% |