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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 | $73,725 | $50,812+45.1% | $155,602-52.6% | $77,692-5.1% |
| Participation rate | 2.7% | 63.1%-60.4pp | 78.2%-75.5pp | 70.6%-67.9pp |
| Annual return | 11.81% | 34.85%-23.0pp | 64.81%-53.0pp | 31.25%-19.4pp |
| Employer contribution / active EE | $73 | $1,989-96.3% | $4,675-98.4% | $2,726-97.3% |
| Participant deferral / active EE | $196 | $2,822-93.1% | $5,629-96.5% | $4,648-95.8% |
| Admin fee / account holder | $6 | $436-98.6% | $15,923-100.0% | $431-98.6% |