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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 | $199,109+7.2% | $173,730+22.8% | $154,746+37.9% |
| Participation rate | 66.7% | 82.8%-16.1pp | 79.6%-12.9pp | 80.7%-14.0pp |
| Annual return | 9.31% | 20.02%-10.7pp | 19.96%-10.6pp | 172.34%-163.0pp |
| Employer contribution / active EE | $687 | $5,311-87.1% | $4,577-85.0% | $4,379-84.3% |
| Participant deferral / active EE | $925 | $7,113-87.0% | $6,326-85.4% | $6,730-86.3% |
| Admin fee / account holder | $0 | $20,916-100.0% | $17,523-100.0% | $14,365-100.0% |