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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 | $94,753 | $64,462+47.0% | $81,482+16.3% | $80,911+17.1% |
| Participation rate | 44.0% | 63.9%-19.9pp | 69.5%-25.5pp | 67.6%-23.6pp |
| Annual return | 15.28% | 16.35%-1.1pp | 24.79%-9.5pp | 35.63%-20.3pp |
| Employer contribution / active EE | $195 | $1,979-90.1% | $2,463-92.1% | $2,756-92.9% |
| Participant deferral / active EE | $1,018 | $3,094-67.1% | $3,885-73.8% | $4,297-76.3% |
| Admin fee / account holder | $0 | $5,678-100.0% | $5,761-100.0% | $6,935-100.0% |