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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 | $89,677 | $76,834+16.7% | $108,359-17.2% | $87,485+2.5% |
| Participation rate | 4.0% | 61.7%-57.7pp | 70.1%-66.1pp | 68.9%-64.9pp |
| Annual return | 14.14% | 19.09%-5.0pp | 36.89%-22.8pp | 26.06%-11.9pp |
| Employer contribution / active EE | $171 | $1,556-89.0% | $2,399-92.9% | $2,596-93.4% |
| Participant deferral / active EE | $180 | $3,100-94.2% | $4,137-95.6% | $4,274-95.8% |
| Admin fee / account holder | $0 | $6,537-100.0% | $9,741-100.0% | $7,775-100.0% |