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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 | $168,118 | $166,242+1.1% | $165,071+1.8% | $145,884+15.2% |
| Participation rate | 50.0% | 82.0%-32.0pp | 78.6%-28.6pp | 80.3%-30.3pp |
| Annual return | 16.46% | 100.44%-84.0pp | 70.17%-53.7pp | 551.85%-535.4pp |
| Employer contribution / active EE | $294 | $5,283-94.4% | $4,347-93.2% | $4,662-93.7% |
| Participant deferral / active EE | $590 | $6,964-91.5% | $6,035-90.2% | $6,690-91.2% |
| Admin fee / account holder | $76 | $16,658-99.5% | $12,695-99.4% | $13,392-99.4% |