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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 | $71,465 | $84,236-15.2% | $170,435-58.1% | $70,126+1.9% |
| Participation rate | 12.5% | 70.8%-58.3pp | 83.6%-71.1pp | 69.5%-57.0pp |
| Annual return | 20.24% | 23.06%-2.8pp | 205.94%-185.7pp | 73.15%-52.9pp |
| Employer contribution / active EE | $242 | $3,387-92.8% | $5,432-95.5% | $2,343-89.7% |
| Participant deferral / active EE | $795 | $3,086-74.2% | $4,939-83.9% | $3,332-76.1% |
| Admin fee / account holder | $143 | $5,698-97.5% | $13,881-99.0% | $4,645-96.9% |