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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 | $120,569 | $81,276+48.3% | $155,574-22.5% | $80,925+49.0% |
| Participation rate | 13.0% | 66.2%-53.2pp | 78.2%-65.2pp | 67.7%-54.6pp |
| Annual return | 10.64% | 33.36%-22.7pp | 64.87%-54.2pp | 35.65%-25.0pp |
| Employer contribution / active EE | $0 | $3,103-100.0% | $4,676-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $57 | $3,453-98.3% | $5,629-99.0% | $4,299-98.7% |
| Admin fee / account holder | $170 | $7,993-97.9% | $15,914-98.9% | $6,940-97.6% |