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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 | $165,135 | $72,273+128.5% | $101,275+63.1% | $79,856+106.8% |
| Participation rate | 2.7% | 68.5%-65.8pp | 75.8%-73.1pp | 69.6%-66.9pp |
| Annual return | 18.80% | 22.30%-3.5pp | 46.48%-27.7pp | 31.71%-12.9pp |
| Employer contribution / active EE | $85 | $2,691-96.8% | $3,660-97.7% | $2,471-96.6% |
| Participant deferral / active EE | $142 | $3,282-95.7% | $4,371-96.8% | $3,741-96.2% |
| Admin fee / account holder | $60 | $4,401-98.6% | $5,948-99.0% | $5,306-98.9% |