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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 | $68,586-2.7% | $120,380-44.6% | $80,911-17.5% |
| Participation rate | 40.9% | 61.6%-20.7pp | 71.9%-31.0pp | 67.6%-26.7pp |
| Annual return | 12.26% | 23.62%-11.4pp | 107.28%-95.0pp | 35.63%-23.4pp |
| Employer contribution / active EE | $476 | $2,053-76.8% | $3,465-86.3% | $2,756-82.7% |
| Participant deferral / active EE | $990 | $3,174-68.8% | $4,992-80.2% | $4,297-77.0% |
| Admin fee / account holder | $170 | $5,733-97.0% | $9,421-98.2% | $6,935-97.6% |