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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 | $114,656 | $112,729+1.7% | $98,716+16.1% | $137,256-16.5% |
| Participation rate | 4.5% | 74.2%-69.7pp | 69.3%-64.7pp | 80.0%-75.4pp |
| Annual return | 15.08% | 38.48%-23.4pp | 31.81%-16.7pp | 220.34%-205.3pp |
| Employer contribution / active EE | $110 | $2,725-96.0% | $2,279-95.2% | $4,156-97.4% |
| Participant deferral / active EE | $112 | $4,640-97.6% | $4,048-97.2% | $6,407-98.3% |
| Admin fee / account holder | $60 | $10,129-99.4% | $8,703-99.3% | $12,270-99.5% |