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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 | $213,363 | $254,759-16.2% | $216,567-1.5% | $198,609+7.4% |
| Participation rate | 66.7% | 84.5%-17.9pp | 81.6%-15.0pp | 82.4%-15.7pp |
| Annual return | 9.31% | 10.04%-0.7pp | 12.94%-3.6pp | 202.70%-193.4pp |
| Employer contribution / active EE | $687 | $6,096-88.7% | $5,216-86.8% | $5,055-86.4% |
| Participant deferral / active EE | $925 | $6,948-86.7% | $6,191-85.1% | $6,977-86.7% |
| Admin fee / account holder | $0 | $26,311-100.0% | $21,981-100.0% | $19,030-100.0% |