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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 | $58,187 | $54,541+6.7% | $78,778-26.1% | $70,126-17.0% |
| Participation rate | 30.6% | 60.8%-30.2pp | 69.2%-38.5pp | 69.5%-38.9pp |
| Annual return | 0.00% | 21.07%-21.1pp | 35.62%-35.6pp | 73.15%-73.1pp |
| Employer contribution / active EE | $60 | $1,089-94.5% | $1,986-97.0% | $2,343-97.4% |
| Participant deferral / active EE | $171 | $2,210-92.3% | $2,958-94.2% | $3,332-94.9% |
| Admin fee / account holder | $179 | $3,709-95.2% | $5,134-96.5% | $4,645-96.2% |