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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 | $125,617 | $67,411+86.3% | $91,004+38.0% | $70,126+79.1% |
| Participation rate | 56.0% | 71.4%-15.4pp | 75.6%-19.6pp | 69.5%-13.5pp |
| Annual return | 20.98% | -40.16%+61.1pp | 4.60%+16.4pp | 73.15%-52.2pp |
| Employer contribution / active EE | $0 | $1,786-100.0% | $2,456-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,082 | $2,823-61.7% | $3,548-69.5% | $3,332-67.5% |
| Admin fee / account holder | -$265 | $4,236-106.3% | $5,417-104.9% | $4,645-105.7% |