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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 | $88,056 | $77,920+13.0% | $149,723-41.2% | $75,177+17.1% |
| Participation rate | 11.9% | 65.6%-53.7pp | 78.8%-66.9pp | 67.2%-55.3pp |
| Annual return | 19.65% | 31.72%-12.1pp | 134.50%-114.8pp | 160.75%-141.1pp |
| Employer contribution / active EE | $313 | $3,138-90.0% | $4,821-93.5% | $2,671-88.3% |
| Participant deferral / active EE | $464 | $3,411-86.4% | $5,682-91.8% | $4,126-88.8% |
| Admin fee / account holder | $124 | $5,951-97.9% | $13,215-99.1% | $5,651-97.8% |