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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 | $147,499 | $138,078+6.8% | $125,363+17.7% | $134,509+9.7% |
| Participation rate | 60.0% | 84.5%-24.5pp | 82.4%-22.4pp | 81.2%-21.2pp |
| Annual return | -13.14% | 750.49%-763.6pp | 572.15%-585.3pp | 418.13%-431.3pp |
| Employer contribution / active EE | $423 | $5,245-91.9% | $4,815-91.2% | $4,741-91.1% |
| Participant deferral / active EE | $2,245 | $7,800-71.2% | $7,447-69.9% | $6,400-64.9% |
| Admin fee / account holder | $0 | $11,566-100.0% | $10,005-100.0% | $11,427-100.0% |