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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 | $61,908 | $60,349+2.6% | $74,184-16.5% | $62,881-1.5% |
| Participation rate | 3.7% | 72.7%-69.0pp | 76.6%-72.9pp | 69.3%-65.6pp |
| Annual return | 7.19% | 21.38%-14.2pp | 17.74%-10.5pp | 20.14%-12.9pp |
| Employer contribution / active EE | $152 | $1,680-90.9% | $2,370-93.6% | $2,281-93.3% |
| Participant deferral / active EE | $331 | $2,856-88.4% | $3,550-90.7% | $3,203-89.7% |
| Admin fee / account holder | $0 | $4,261-100.0% | $5,586-100.0% | $4,296-100.0% |