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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 | $75,126 | $58,099+29.3% | $76,902-2.3% | $75,177-0.1% |
| Participation rate | 38.5% | 63.9%-25.4pp | 69.6%-31.1pp | 67.2%-28.7pp |
| Annual return | 19.93% | 26.71%-6.8pp | 37.91%-18.0pp | 160.75%-140.8pp |
| Employer contribution / active EE | $372 | $1,996-81.4% | $2,534-85.3% | $2,671-86.1% |
| Participant deferral / active EE | $969 | $2,999-67.7% | $3,833-74.7% | $4,126-76.5% |
| Admin fee / account holder | $24 | $4,778-99.5% | $5,479-99.6% | $5,651-99.6% |