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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 | $44,797 | $165,361-72.9% | $149,715-70.1% | $158,950-71.8% |
| Participation rate | 64.3% | 84.6%-20.3pp | 82.5%-18.2pp | 82.0%-17.7pp |
| Annual return | 11.88% | 348.24%-336.4pp | 276.66%-264.8pp | 302.91%-291.0pp |
| Employer contribution / active EE | $0 | $5,103-100.0% | $4,645-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $1,906 | $7,182-73.5% | $6,842-72.1% | $5,983-68.1% |
| Admin fee / account holder | $169 | $10,808-98.4% | $9,310-98.2% | $11,248-98.5% |