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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 | $89,094 | $67,606+31.8% | $82,313+8.2% | $70,124+27.1% |
| Participation rate | 3.6% | 72.8%-69.1pp | 76.9%-73.3pp | 69.5%-65.9pp |
| Annual return | 22.70% | 21.57%+1.1pp | 25.88%-3.2pp | 73.14%-50.4pp |
| Employer contribution / active EE | $153 | $1,755-91.3% | $2,428-93.7% | $2,342-93.5% |
| Participant deferral / active EE | $324 | $2,987-89.1% | $3,706-91.2% | $3,332-90.3% |
| Admin fee / account holder | $0 | $4,512-100.0% | $5,608-100.0% | $4,645-100.0% |