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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 | $97,528 | $115,917-15.9% | $100,535-3.0% | $158,982-38.7% |
| Participation rate | 44.4% | 81.6%-37.2pp | 79.4%-35.0pp | 82.0%-37.5pp |
| Annual return | 16.13% | 34.80%-18.7pp | 30.90%-14.8pp | 302.99%-286.9pp |
| Employer contribution / active EE | $179 | $4,105-95.6% | $3,419-94.8% | $4,763-96.2% |
| Participant deferral / active EE | $1,123 | $6,677-83.2% | $6,271-82.1% | $5,983-81.2% |
| Admin fee / account holder | $25 | $11,002-99.8% | $8,085-99.7% | $11,252-99.8% |