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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 | $72,307 | $135,956-46.8% | $123,894-41.6% | $273,972-73.6% |
| Participation rate | 40.9% | 84.1%-43.2pp | 81.4%-40.5pp | 83.0%-42.1pp |
| Annual return | 7.26% | 56.63%-49.4pp | 47.52%-40.3pp | 41.46%-34.2pp |
| Employer contribution / active EE | $610 | $5,170-88.2% | $4,617-86.8% | $4,869-87.5% |
| Participant deferral / active EE | $1,496 | $6,343-76.4% | $5,984-75.0% | $5,287-71.7% |
| Admin fee / account holder | $0 | $9,817-100.0% | $8,357-100.0% | $10,133-100.0% |