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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 | $71,612 | $58,493+22.4% | $84,021-14.8% | $72,975-1.9% |
| Participation rate | 7.9% | 61.2%-53.3pp | 69.0%-61.1pp | 69.5%-61.6pp |
| Annual return | 78.26% | 28.93%+49.3pp | 71.32%+6.9pp | 81.01%-2.8pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $180 | $2,394-92.5% | $3,239-94.5% | $3,608-95.0% |
| Admin fee / account holder | $16 | $4,569-99.6% | $6,102-99.7% | $5,124-99.7% |