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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 | $145,318 | $106,749+36.1% | $145,433-0.1% | $82,448+76.3% |
| Participation rate | 13.5% | 75.6%-62.1pp | 82.1%-68.6pp | 68.1%-54.6pp |
| Annual return | 17.61% | 27.59%-10.0pp | 66.58%-49.0pp | 41.64%-24.0pp |
| Employer contribution / active EE | $539 | $3,444-84.4% | $4,554-88.2% | $2,551-78.9% |
| Participant deferral / active EE | $1,591 | $6,519-75.6% | $7,897-79.9% | $4,139-61.6% |
| Admin fee / account holder | $0 | $8,390-100.0% | $13,129-100.0% | $7,234-100.0% |