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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 | $73,076 | $148,623-50.8% | $135,974-46.3% | $139,466-47.6% |
| Participation rate | 35.0% | 83.9%-48.9pp | 81.9%-46.9pp | 80.3%-45.3pp |
| Annual return | 13.98% | 79.30%-65.3pp | 68.30%-54.3pp | 373.66%-359.7pp |
| Employer contribution / active EE | $0 | $5,246-100.0% | $4,859-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $456 | $8,103-94.4% | $7,760-94.1% | $6,712-93.2% |
| Admin fee / account holder | $140 | $12,406-98.9% | $10,767-98.7% | $11,409-98.8% |