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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 | $69,906 | $57,828+20.9% | $117,039-40.3% | $70,126-0.3% |
| Participation rate | 8.0% | 67.1%-59.1pp | 77.2%-69.2pp | 69.5%-61.5pp |
| Annual return | 18.94% | 17.55%+1.4pp | 18.95%0pp | 73.15%-54.2pp |
| Employer contribution / active EE | $455 | $1,816-74.9% | $3,785-88.0% | $2,343-80.6% |
| Participant deferral / active EE | $816 | $2,438-66.5% | $3,929-79.2% | $3,332-75.5% |
| Admin fee / account holder | $67 | $3,548-98.1% | $5,974-98.9% | $4,645-98.5% |