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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 | $98,352 | $156,616-37.2% | $133,346-26.2% | $198,609-50.5% |
| Participation rate | 8.7% | 77.7%-69.0pp | 72.8%-64.2pp | 82.4%-73.7pp |
| Annual return | 19.50% | 44.25%-24.7pp | 36.85%-17.3pp | 202.70%-183.2pp |
| Employer contribution / active EE | $363 | $3,368-89.2% | $2,853-87.3% | $5,055-92.8% |
| Participant deferral / active EE | $1,412 | $4,920-71.3% | $4,332-67.4% | $6,977-79.8% |
| Admin fee / account holder | $20 | $17,468-99.9% | $14,264-99.9% | $19,030-99.9% |