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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 | $79,394 | $233,029-65.9% | $136,833-42.0% | - |
| Participation rate | 15.2% | 65.5%-50.3pp | 59.0%-43.9pp | - |
| Annual return | 5.48% | 5.57%-0.1pp | 35.32%-29.8pp | - |
| Employer contribution / active EE | $483 | $2,250-78.5% | $1,319-63.3% | - |
| Participant deferral / active EE | $1,052 | $4,212-75.0% | $2,441-56.9% | - |
| Admin fee / account holder | $0 | $49,244-100.0% | $4,706-100.0% | - |