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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 | $87,584 | $81,476+7.5% | $102,383-14.5% | $80,925+8.2% |
| Participation rate | 13.2% | 66.8%-53.6pp | 74.5%-61.3pp | 67.7%-54.4pp |
| Annual return | 13.85% | 25.59%-11.7pp | 24.94%-11.1pp | 35.65%-21.8pp |
| Employer contribution / active EE | $0 | $3,105-100.0% | $3,870-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $436 | $3,871-88.7% | $5,060-91.4% | $4,299-89.9% |
| Admin fee / account holder | $85 | $6,717-98.7% | $8,391-99.0% | $6,940-98.8% |