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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 | $93,691 | $64,324+45.7% | $118,946-21.2% | $79,852+17.3% |
| Participation rate | 10.5% | 64.9%-54.4pp | 75.4%-64.9pp | 69.6%-59.2pp |
| Annual return | 16.04% | 86.45%-70.4pp | 35.89%-19.9pp | 31.72%-15.7pp |
| Employer contribution / active EE | $444 | $1,836-75.8% | $3,263-86.4% | $2,471-82.0% |
| Participant deferral / active EE | $851 | $2,824-69.9% | $4,266-80.1% | $3,740-77.3% |
| Admin fee / account holder | $0 | $4,040-100.0% | $6,581-100.0% | $5,306-100.0% |