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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 | $120,206 | $61,660+95.0% | $80,022+50.2% | $64,181+87.3% |
| Participation rate | 52.5% | 71.7%-19.2pp | 75.8%-23.3pp | 69.6%-17.1pp |
| Annual return | -4.40% | -0.33%-4.1pp | 11.22%-15.6pp | 7.63%-12.0pp |
| Employer contribution / active EE | $154 | $1,810-91.5% | $2,468-93.8% | $2,381-93.5% |
| Participant deferral / active EE | $1,029 | $2,968-65.3% | $3,686-72.1% | $3,470-70.3% |
| Admin fee / account holder | $182 | $5,417-96.6% | $6,521-97.2% | $4,887-96.3% |