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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 | $60,442+22.5% | $96,754-23.5% | $87,485-15.4% |
| Participation rate | 3.9% | 58.7%-54.8pp | 70.3%-66.4pp | 68.9%-65.0pp |
| Annual return | 20.87% | 21.97%-1.1pp | 82.04%-61.2pp | 26.06%-5.2pp |
| Employer contribution / active EE | $186 | $1,691-89.0% | $2,679-93.1% | $2,596-92.8% |
| Participant deferral / active EE | $625 | $3,280-80.9% | $4,758-86.9% | $4,274-85.4% |
| Admin fee / account holder | $75 | $5,069-98.5% | $8,905-99.2% | $7,775-99.0% |