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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 | $94,406 | $57,352+64.6% | $83,831+12.6% | $64,173+47.1% |
| Participation rate | 2.7% | 68.6%-65.9pp | 76.1%-73.4pp | 69.6%-66.9pp |
| Annual return | -7.17% | 11.38%-18.6pp | 850.99%-858.2pp | 7.63%-14.8pp |
| Employer contribution / active EE | $285 | $2,546-88.8% | $3,631-92.1% | $2,381-88.0% |
| Participant deferral / active EE | $476 | $2,993-84.1% | $4,082-88.3% | $3,470-86.3% |
| Admin fee / account holder | $0 | $4,046-100.0% | $5,479-100.0% | $4,887-100.0% |