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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 | $78,139 | $102,663-23.9% | $86,216-9.4% | $139,466-44.0% |
| Participation rate | 4.5% | 74.5%-70.0pp | 69.0%-64.4pp | 80.3%-75.8pp |
| Annual return | 21.82% | 1924.52%-1902.7pp | 1169.42%-1147.6pp | 373.66%-351.8pp |
| Employer contribution / active EE | $110 | $3,035-96.4% | $2,382-95.4% | $4,754-97.7% |
| Participant deferral / active EE | $110 | $4,677-97.7% | $3,986-97.2% | $6,712-98.4% |
| Admin fee / account holder | $60 | $8,663-99.3% | $6,853-99.1% | $11,409-99.5% |