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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 | $131,935 | $65,367+101.8% | $92,915+42.0% | $72,976+80.8% |
| Participation rate | 2.7% | 68.3%-65.6pp | 76.0%-73.3pp | 69.5%-66.8pp |
| Annual return | 24.80% | 42.11%-17.3pp | 109.45%-84.7pp | 81.02%-56.2pp |
| Employer contribution / active EE | $143 | $2,594-94.5% | $3,653-96.1% | $2,440-94.1% |
| Participant deferral / active EE | $239 | $3,128-92.4% | $4,238-94.4% | $3,608-93.4% |
| Admin fee / account holder | $0 | $4,251-100.0% | $5,796-100.0% | $5,124-100.0% |