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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 | $66,715 | $68,852-3.1% | $120,524-44.6% | $80,925-17.6% |
| Participation rate | 40.9% | 61.6%-20.7pp | 71.9%-31.0pp | 67.7%-26.7pp |
| Annual return | 12.26% | 23.67%-11.4pp | 107.36%-95.1pp | 35.65%-23.4pp |
| Employer contribution / active EE | $476 | $2,063-76.9% | $3,469-86.3% | $2,756-82.7% |
| Participant deferral / active EE | $990 | $3,187-68.9% | $4,994-80.2% | $4,299-77.0% |
| Admin fee / account holder | $170 | $5,781-97.1% | $9,440-98.2% | $6,940-97.6% |