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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 | $66,534 | $138,312-51.9% | $122,979-45.9% | $155,188-57.1% |
| Participation rate | 41.2% | 80.2%-39.0pp | 77.2%-36.0pp | 80.8%-39.6pp |
| Annual return | 16.23% | 22.06%-5.8pp | 20.12%-3.9pp | 148.84%-132.6pp |
| Employer contribution / active EE | $780 | $3,530-77.9% | $3,062-74.5% | $4,248-81.6% |
| Participant deferral / active EE | $1,325 | $5,592-76.3% | $5,003-73.5% | $6,531-79.7% |
| Admin fee / account holder | $0 | $15,089-100.0% | $12,864-100.0% | $14,480-100.0% |