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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 | $144,445 | $124,980+15.6% | $108,359+33.3% | $154,746-6.7% |
| Participation rate | 22.2% | 75.2%-52.9pp | 70.1%-47.9pp | 80.7%-58.5pp |
| Annual return | 12.35% | 45.00%-32.6pp | 36.89%-24.5pp | 172.34%-160.0pp |
| Employer contribution / active EE | $0 | $2,851-100.0% | $2,399-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $763 | $4,743-83.9% | $4,137-81.5% | $6,730-88.7% |
| Admin fee / account holder | $208 | $11,502-98.2% | $9,741-97.9% | $14,365-98.6% |