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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 | $73,893 | $299,959-75.4% | $185,849-60.2% | - |
| Participation rate | 13.1% | 61.2%-48.1pp | 81.7%-68.6pp | - |
| Annual return | 7.70% | 9.80%-2.1pp | 122.10%-114.4pp | - |
| Employer contribution / active EE | $0 | $1,731-100.0% | $5,169-100.0% | - |
| Participant deferral / active EE | $855 | $2,385-64.1% | $5,569-84.6% | - |
| Admin fee / account holder | $270 | $47,864-99.4% | $16,244-98.3% | - |