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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 | $76,398 | $76,551-0.2% | $123,894-38.3% | $62,881+21.5% |
| Participation rate | 5.4% | 73.0%-67.6pp | 81.4%-76.0pp | 69.3%-63.9pp |
| Annual return | 6.63% | 18.68%-12.0pp | 47.52%-40.9pp | 20.14%-13.5pp |
| Employer contribution / active EE | $124 | $2,882-95.7% | $4,617-97.3% | $2,281-94.5% |
| Participant deferral / active EE | $973 | $4,840-79.9% | $5,984-83.7% | $3,203-69.6% |
| Admin fee / account holder | $0 | $4,826-100.0% | $8,357-100.0% | $4,296-100.0% |