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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 | $71,019 | $213,785-66.8% | $185,441-61.7% | $155,188-54.2% |
| Participation rate | 10.5% | 83.2%-72.7pp | 80.3%-69.7pp | 80.8%-70.3pp |
| Annual return | 7.13% | 19.97%-12.8pp | 20.16%-13.0pp | 148.84%-141.7pp |
| Employer contribution / active EE | $84 | $5,393-98.4% | $4,672-98.2% | $4,248-98.0% |
| Participant deferral / active EE | $334 | $6,864-95.1% | $6,152-94.6% | $6,531-94.9% |
| Admin fee / account holder | $0 | $21,134-100.0% | $17,890-100.0% | $14,480-100.0% |