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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 | $116,163 | $114,119+1.8% | $107,187+8.4% | $138,895-16.4% |
| Participation rate | 13.3% | 78.1%-64.7pp | 75.0%-61.7pp | 79.9%-66.6pp |
| Annual return | 16.17% | 273.21%-257.0pp | 204.55%-188.4pp | 145.39%-129.2pp |
| Employer contribution / active EE | $321 | $4,059-92.1% | $3,782-91.5% | $4,194-92.4% |
| Participant deferral / active EE | $401 | $5,538-92.8% | $5,096-92.1% | $6,396-93.7% |
| Admin fee / account holder | $25 | $10,024-99.8% | $9,162-99.7% | $12,562-99.8% |