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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 | $88,934 | $58,851+51.1% | $115,170-22.8% | $72,975+21.9% |
| Participation rate | 10.0% | 65.5%-55.5pp | 75.9%-65.9pp | 69.5%-59.5pp |
| Annual return | 26.21% | 23.16%+3.1pp | 35.60%-9.4pp | 81.01%-54.8pp |
| Employer contribution / active EE | $365 | $1,798-79.7% | $3,179-88.5% | $2,440-85.0% |
| Participant deferral / active EE | $810 | $2,643-69.4% | $4,169-80.6% | $3,608-77.6% |
| Admin fee / account holder | $0 | $6,370-100.0% | $7,089-100.0% | $5,124-100.0% |