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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 | $76,288 | $227,399-66.5% | $189,758-59.8% | $198,609-61.6% |
| Participation rate | 50.0% | 84.0%-34.0pp | 79.8%-29.8pp | 82.4%-32.4pp |
| Annual return | 17.16% | 61.03%-43.9pp | 52.62%-35.5pp | 202.70%-185.5pp |
| Employer contribution / active EE | $724 | $5,526-86.9% | $4,767-84.8% | $5,055-85.7% |
| Participant deferral / active EE | $790 | $6,837-88.5% | $5,856-86.5% | $6,977-88.7% |
| Admin fee / account holder | $81 | $25,162-99.7% | $20,388-99.6% | $19,030-99.6% |