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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 | $127,613 | $87,733+45.5% | $106,554+19.8% | $85,851+48.6% |
| Participation rate | 42.3% | 71.9%-29.6pp | 76.1%-33.8pp | 69.3%-27.0pp |
| Annual return | 13.63% | 21.86%-8.2pp | 26.80%-13.2pp | 318.63%-305.0pp |
| Employer contribution / active EE | $0 | $2,073-100.0% | $2,819-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $0 | $3,469-100.0% | $4,398-100.0% | $3,952-100.0% |
| Admin fee / account holder | $164 | $6,767-97.6% | $7,408-97.8% | $6,261-97.4% |