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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 | $130,324 | $95,915+35.9% | $79,580+63.8% | $134,532-3.1% |
| Participation rate | 33.3% | 75.0%-41.7pp | 69.5%-36.2pp | 81.2%-47.9pp |
| Annual return | 2.26% | -2.71%+5.0pp | 0.15%+2.1pp | 418.27%-416.0pp |
| Employer contribution / active EE | $258 | $3,129-91.8% | $2,413-89.3% | $4,741-94.6% |
| Participant deferral / active EE | $285 | $4,693-93.9% | $3,985-92.9% | $6,401-95.5% |
| Admin fee / account holder | $0 | $9,132-100.0% | $6,835-100.0% | $11,429-100.0% |