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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 | $73,081 | $141,004-48.2% | $112,273-34.9% | $139,466-47.6% |
| Participation rate | 10.0% | 79.2%-69.2pp | 72.4%-62.4pp | 80.3%-70.3pp |
| Annual return | 18.40% | 32.75%-14.3pp | 30.23%-11.8pp | 373.66%-355.3pp |
| Employer contribution / active EE | $707 | $4,285-83.5% | $3,431-79.4% | $4,754-85.1% |
| Participant deferral / active EE | $970 | $5,878-83.5% | $4,800-79.8% | $6,712-85.5% |
| Admin fee / account holder | $45 | $9,959-99.5% | $7,752-99.4% | $11,409-99.6% |