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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 | $117,975 | $81,331+45.1% | $155,534-24.1% | $80,935+45.8% |
| Participation rate | 10.9% | 66.3%-55.4pp | 78.2%-67.3pp | 67.7%-56.8pp |
| Annual return | 11.42% | 33.37%-22.0pp | 64.92%-53.5pp | 35.66%-24.2pp |
| Employer contribution / active EE | $219 | $3,105-93.0% | $4,675-95.3% | $2,757-92.1% |
| Participant deferral / active EE | $736 | $3,454-78.7% | $5,630-86.9% | $4,299-82.9% |
| Admin fee / account holder | $20 | $7,999-99.7% | $15,900-99.9% | $6,924-99.7% |