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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 | $106,864+7.2% | $147,318-22.2% | $82,637+38.7% |
| Participation rate | 7.0% | 75.5%-68.5pp | 82.1%-75.0pp | 68.1%-61.0pp |
| Annual return | 24.19% | 27.49%-3.3pp | 70.43%-46.2pp | 53.51%-29.3pp |
| Employer contribution / active EE | $87 | $3,417-97.5% | $4,593-98.1% | $2,552-96.6% |
| Participant deferral / active EE | $696 | $6,496-89.3% | $7,906-91.2% | $4,126-83.1% |
| Admin fee / account holder | $4 | $8,415-100.0% | $13,708-100.0% | $7,339-100.0% |