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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 | $97,784 | $108,825-10.1% | $156,181-37.4% | $82,448+18.6% |
| Participation rate | 15.5% | 72.4%-56.9pp | 78.8%-63.3pp | 68.1%-52.6pp |
| Annual return | 14.09% | 20.59%-6.5pp | 64.87%-50.8pp | 41.64%-27.6pp |
| Employer contribution / active EE | $551 | $2,870-80.8% | $4,294-87.2% | $2,551-78.4% |
| Participant deferral / active EE | $1,371 | $4,577-70.0% | $6,132-77.6% | $4,139-66.9% |
| Admin fee / account holder | $9 | $9,341-99.9% | $14,586-99.9% | $7,234-99.9% |