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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 | $160,383 | $102,382+56.7% | $147,005+9.1% | $80,874+98.3% |
| Participation rate | 23.3% | 75.8%-52.5pp | 82.2%-58.8pp | 67.6%-44.3pp |
| Annual return | 26.17% | 134.89%-108.7pp | 418.76%-392.6pp | 35.62%-9.4pp |
| Employer contribution / active EE | $0 | $3,715-100.0% | $4,934-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $968 | $6,646-85.4% | $8,070-88.0% | $4,297-77.5% |
| Admin fee / account holder | $0 | $7,942-100.0% | $13,006-100.0% | $6,935-100.0% |