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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 | $70,090 | $47,848+46.5% | $81,473-14.0% | $70,1240% |
| Participation rate | 25.7% | 58.3%-32.6pp | 68.0%-42.2pp | 69.5%-43.8pp |
| Annual return | 15.57% | 27.25%-11.7pp | 38.78%-23.2pp | 73.14%-57.6pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,342-100.0% |
| Participant deferral / active EE | $224 | $2,453-90.9% | $3,537-93.7% | $3,332-93.3% |
| Admin fee / account holder | $9 | $3,145-99.7% | $4,561-99.8% | $4,645-99.8% |