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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 | $146,238 | $110,212+32.7% | $96,534+51.5% | $139,466+4.9% |
| Participation rate | 66.7% | 78.1%-11.5pp | 76.0%-9.3pp | 80.3%-13.7pp |
| Annual return | 12.71% | 26.42%-13.7pp | 25.88%-13.2pp | 373.66%-361.0pp |
| Employer contribution / active EE | $335 | $3,620-90.8% | $2,965-88.7% | $4,754-93.0% |
| Participant deferral / active EE | $1,474 | $5,547-73.4% | $4,851-69.6% | $6,712-78.0% |
| Admin fee / account holder | $3 | $11,599-100.0% | $8,253-100.0% | $11,409-100.0% |