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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 | $115,040 | $111,830+2.9% | $93,696+22.8% | $145,884-21.1% |
| Participation rate | 9.1% | 74.2%-65.1pp | 68.7%-59.6pp | 80.3%-71.2pp |
| Annual return | 13.20% | 204.08%-190.9pp | 133.74%-120.5pp | 551.85%-538.7pp |
| Employer contribution / active EE | $148 | $3,093-95.2% | $2,422-93.9% | $4,662-96.8% |
| Participant deferral / active EE | $1,001 | $4,920-79.7% | $4,417-77.3% | $6,690-85.0% |
| Admin fee / account holder | $270 | $10,249-97.4% | $8,287-96.7% | $13,392-98.0% |