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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 | $89,629 | $112,729-20.5% | $98,716-9.2% | $137,256-34.7% |
| Participation rate | 21.4% | 74.2%-52.8pp | 69.3%-47.9pp | 80.0%-58.5pp |
| Annual return | 18.90% | 38.48%-19.6pp | 31.81%-12.9pp | 220.34%-201.4pp |
| Employer contribution / active EE | $113 | $2,725-95.9% | $2,279-95.1% | $4,156-97.3% |
| Participant deferral / active EE | $1,113 | $4,640-76.0% | $4,048-72.5% | $6,407-82.6% |
| Admin fee / account holder | $20 | $10,129-99.8% | $8,703-99.8% | $12,270-99.8% |