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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 | $90,155 | $108,911-17.2% | $100,392-10.2% | $145,884-38.2% |
| Participation rate | 64.7% | 83.0%-18.3pp | 81.5%-16.8pp | 80.3%-15.6pp |
| Annual return | 11.79% | 58.23%-46.4pp | 49.45%-37.7pp | 551.85%-540.1pp |
| Employer contribution / active EE | $0 | $4,420-100.0% | $3,941-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,134 | $8,459-86.6% | $8,090-86.0% | $6,690-83.0% |
| Admin fee / account holder | $30 | $9,698-99.7% | $7,904-99.6% | $13,392-99.8% |