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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 | $68,852 | $73,955-6.9% | $96,520-28.7% | $75,181-8.4% |
| Participation rate | 25.0% | 66.4%-41.4pp | 74.3%-49.3pp | 67.2%-42.2pp |
| Annual return | 16.87% | 26.72%-9.8pp | 35.72%-18.8pp | 160.69%-143.8pp |
| Employer contribution / active EE | $0 | $2,930-100.0% | $3,739-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,336 | $3,659-63.5% | $4,879-72.6% | $4,126-67.6% |
| Admin fee / account holder | $223 | $5,217-95.7% | $6,733-96.7% | $5,650-96.1% |