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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 | $134,661 | $132,310+1.8% | $105,754+27.3% | $273,972-50.8% |
| Participation rate | 66.7% | 83.2%-16.5pp | 78.9%-12.2pp | 83.0%-16.3pp |
| Annual return | 8.62% | 10.08%-1.5pp | 12.25%-3.6pp | 41.46%-32.8pp |
| Employer contribution / active EE | $0 | $4,867-100.0% | $4,079-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $421 | $6,233-93.2% | $5,326-92.1% | $5,287-92.0% |
| Admin fee / account holder | $132 | $12,036-98.9% | $8,309-98.4% | $10,133-98.7% |