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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 | $65,899 | $66,459-0.8% | $81,353-19.0% | $77,736-15.2% |
| Participation rate | 4.7% | 68.7%-64.0pp | 69.5%-64.9pp | 70.6%-65.9pp |
| Annual return | 38.17% | 15.95%+22.2pp | 24.82%+13.4pp | 31.26%+6.9pp |
| Employer contribution / active EE | $268 | $2,156-87.6% | $2,464-89.1% | $2,728-90.2% |
| Participant deferral / active EE | $590 | $3,674-83.9% | $3,885-84.8% | $4,651-87.3% |
| Admin fee / account holder | $0 | $585-100.0% | $5,766-100.0% | $433-100.0% |