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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 | $102,829 | $181,896-43.5% | $156,551-34.3% | $273,972-62.5% |
| Participation rate | 43.8% | 88.4%-44.6pp | 84.0%-40.3pp | 83.0%-39.3pp |
| Annual return | 8.34% | 30.74%-22.4pp | 32.23%-23.9pp | 41.46%-33.1pp |
| Employer contribution / active EE | $919 | $6,248-85.3% | $5,501-83.3% | $4,869-81.1% |
| Participant deferral / active EE | $1,500 | $5,550-73.0% | $4,871-69.2% | $5,287-71.6% |
| Admin fee / account holder | $16 | $15,560-99.9% | $13,028-99.9% | $10,133-99.8% |