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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 | $166,137 | $49,199+237.7% | $121,204+37.1% | $75,173+121.0% |
| Participation rate | 3.8% | 55.4%-51.6pp | 69.5%-65.7pp | 67.2%-63.4pp |
| Annual return | 16.00% | 56.04%-40.0pp | 987.18%-971.2pp | 160.72%-144.7pp |
| Employer contribution / active EE | $280 | $1,547-81.9% | $4,170-93.3% | $2,671-89.5% |
| Participant deferral / active EE | $350 | $2,630-86.7% | $4,083-91.4% | $4,126-91.5% |
| Admin fee / account holder | $120 | $3,946-97.0% | $5,651-97.9% | $5,651-97.9% |