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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 | $88,366 | $99,345-11.1% | $84,753+4.3% | $273,972-67.7% |
| Participation rate | 57.1% | 80.7%-23.6pp | 76.6%-19.5pp | 83.0%-25.9pp |
| Annual return | 7.15% | 22.93%-15.8pp | 22.78%-15.6pp | 41.46%-34.3pp |
| Employer contribution / active EE | $78 | $4,214-98.1% | $3,574-97.8% | $4,869-98.4% |
| Participant deferral / active EE | $782 | $4,270-81.7% | $3,712-78.9% | $5,287-85.2% |
| Admin fee / account holder | $252 | $6,645-96.2% | $5,333-95.3% | $10,133-97.5% |