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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 | $175,147 | $99,345+76.3% | $84,753+106.7% | $273,972-36.1% |
| Participation rate | 8.3% | 80.7%-72.4pp | 76.6%-68.3pp | 83.0%-74.7pp |
| Annual return | 27.12% | 22.93%+4.2pp | 22.78%+4.3pp | 41.46%-14.3pp |
| Employer contribution / active EE | $221 | $4,214-94.8% | $3,574-93.8% | $4,869-95.5% |
| Participant deferral / active EE | $316 | $4,270-92.6% | $3,712-91.5% | $5,287-94.0% |
| Admin fee / account holder | $70 | $6,645-98.9% | $5,333-98.7% | $10,133-99.3% |