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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 | $229,030 | $160,070+43.1% | $147,117+55.7% | $145,897+57.0% |
| Participation rate | 33.3% | 84.0%-50.7pp | 82.2%-48.9pp | 80.3%-47.0pp |
| Annual return | 9.85% | 98.69%-88.8pp | 420.54%-410.7pp | 552.29%-542.4pp |
| Employer contribution / active EE | $226 | $5,285-95.7% | $4,932-95.4% | $4,663-95.2% |
| Participant deferral / active EE | $292 | $8,419-96.5% | $8,065-96.4% | $6,689-95.6% |
| Admin fee / account holder | $6 | $15,035-100.0% | $12,993-100.0% | $13,390-100.0% |