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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 | $95,097 | $84,236+12.9% | $170,439-44.2% | $70,124+35.6% |
| Participation rate | 7.3% | 70.8%-63.5pp | 83.6%-76.3pp | 69.5%-62.2pp |
| Annual return | 13.73% | 23.06%-9.3pp | 205.94%-192.2pp | 73.14%-59.4pp |
| Employer contribution / active EE | $168 | $3,387-95.0% | $5,433-96.9% | $2,342-92.8% |
| Participant deferral / active EE | $320 | $3,086-89.6% | $4,939-93.5% | $3,332-90.4% |
| Admin fee / account holder | $0 | $5,698-100.0% | $13,881-100.0% | $4,645-100.0% |