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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 | $74,017 | $58,848+25.8% | $88,179-16.1% | $82,637-10.4% |
| Participation rate | 3.9% | 57.9%-54.0pp | 69.1%-65.2pp | 68.1%-64.1pp |
| Annual return | 20.87% | 22.76%-1.9pp | 64.97%-44.1pp | 53.51%-32.6pp |
| Employer contribution / active EE | $186 | $1,678-88.9% | $2,549-92.7% | $2,552-92.7% |
| Participant deferral / active EE | $625 | $3,124-80.0% | $4,614-86.4% | $4,126-84.8% |
| Admin fee / account holder | $75 | $4,795-98.4% | $7,673-99.0% | $7,339-99.0% |