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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 | $72,755 | $95,762-24.0% | $379,746-80.8% | $79,858-8.9% |
| Participation rate | 7.5% | 74.0%-66.5pp | 78.4%-70.9pp | 69.6%-62.1pp |
| Annual return | 10.24% | 18.26%-8.0pp | 34.90%-24.7pp | 31.72%-21.5pp |
| Employer contribution / active EE | $0 | $2,695-100.0% | $3,540-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $584 | $4,705-87.6% | $6,024-90.3% | $3,740-84.4% |
| Admin fee / account holder | $237 | $6,745-96.5% | $7,927-97.0% | $5,306-95.5% |