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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 | $50,847 | $161,352-68.5% | $134,172-62.1% | $137,256-63.0% |
| Participation rate | 22.2% | 78.3%-56.1pp | 72.5%-50.2pp | 80.0%-57.7pp |
| Annual return | 17.18% | 28.72%-11.5pp | 25.30%-8.1pp | 220.34%-203.2pp |
| Employer contribution / active EE | $397 | $4,099-90.3% | $3,420-88.4% | $4,156-90.5% |
| Participant deferral / active EE | $1,191 | $5,552-78.6% | $4,690-74.6% | $6,407-81.4% |
| Admin fee / account holder | $0 | $15,028-100.0% | $12,016-100.0% | $12,270-100.0% |