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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 | $65,570 | $161,352-59.4% | $134,172-51.1% | $137,256-52.2% |
| Participation rate | 16.7% | 78.3%-61.6pp | 72.5%-55.8pp | 80.0%-63.3pp |
| Annual return | 18.86% | 28.72%-9.9pp | 25.30%-6.4pp | 220.34%-201.5pp |
| Employer contribution / active EE | $185 | $4,099-95.5% | $3,420-94.6% | $4,156-95.5% |
| Participant deferral / active EE | $185 | $5,552-96.7% | $4,690-96.1% | $6,407-97.1% |
| Admin fee / account holder | $122 | $15,028-99.2% | $12,016-99.0% | $12,270-99.0% |