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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 | $66,954 | $103,393-35.2% | $87,103-23.1% | $152,909-56.2% |
| Participation rate | 45.5% | 79.4%-33.9pp | 76.9%-31.4pp | 82.5%-37.0pp |
| Annual return | 17.11% | 28.10%-11.0pp | 28.19%-11.1pp | 345.46%-328.4pp |
| Employer contribution / active EE | $616 | $3,221-80.9% | $2,521-75.6% | $4,764-87.1% |
| Participant deferral / active EE | $464 | $4,778-90.3% | $4,049-88.5% | $5,851-92.1% |
| Admin fee / account holder | $14 | $12,195-99.9% | $7,491-99.8% | $11,601-99.9% |