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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 | $137,891 | $87,106+58.3% | $105,607+30.6% | $80,935+70.4% |
| Participation rate | 42.3% | 70.4%-28.1pp | 75.3%-33.0pp | 67.7%-25.4pp |
| Annual return | 11.82% | 17.01%-5.2pp | 116.11%-104.3pp | 35.66%-23.8pp |
| Employer contribution / active EE | $111 | $2,396-95.4% | $3,167-96.5% | $2,757-96.0% |
| Participant deferral / active EE | $223 | $3,986-94.4% | $5,011-95.6% | $4,299-94.8% |
| Admin fee / account holder | $164 | $8,447-98.1% | $10,958-98.5% | $6,924-97.6% |