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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 | $114,591 | $106,749+7.3% | $145,433-21.2% | $82,448+39.0% |
| Participation rate | 7.0% | 75.6%-68.6pp | 82.1%-75.1pp | 68.1%-61.0pp |
| Annual return | 24.19% | 27.59%-3.4pp | 66.58%-42.4pp | 41.64%-17.5pp |
| Employer contribution / active EE | $87 | $3,444-97.5% | $4,554-98.1% | $2,551-96.6% |
| Participant deferral / active EE | $696 | $6,519-89.3% | $7,897-91.2% | $4,139-83.2% |
| Admin fee / account holder | $4 | $8,390-100.0% | $13,129-100.0% | $7,234-100.0% |