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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 | $93,716 | $162,136-42.2% | $152,301-38.5% | $154,746-39.4% |
| Participation rate | 23.8% | 84.1%-60.3pp | 82.4%-58.6pp | 80.7%-56.9pp |
| Annual return | 30.37% | 91.02%-60.6pp | 80.50%-50.1pp | 172.34%-142.0pp |
| Employer contribution / active EE | $904 | $4,890-81.5% | $4,624-80.5% | $4,379-79.4% |
| Participant deferral / active EE | $2,606 | $8,341-68.8% | $8,004-67.4% | $6,730-61.3% |
| Admin fee / account holder | $0 | $15,759-100.0% | $14,398-100.0% | $14,365-100.0% |