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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 | $60,608 | $135,956-55.4% | $123,894-51.1% | $273,970-77.9% |
| Participation rate | 15.4% | 84.1%-68.7pp | 81.4%-66.0pp | 83.0%-67.6pp |
| Annual return | 7.54% | 56.63%-49.1pp | 47.52%-40.0pp | 41.46%-33.9pp |
| Employer contribution / active EE | $133 | $5,170-97.4% | $4,617-97.1% | $4,869-97.3% |
| Participant deferral / active EE | $406 | $6,343-93.6% | $5,984-93.2% | $5,287-92.3% |
| Admin fee / account holder | $0 | $9,817-100.0% | $8,357-100.0% | $10,132-100.0% |