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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 | $215,585 | $54,353+296.6% | $82,726+160.6% | $68,498+214.7% |
| Participation rate | 6.9% | 63.9%-57.0pp | 72.6%-65.7pp | 67.9%-61.0pp |
| Annual return | -15.91% | -13.67%-2.2pp | 701.33%-717.2pp | -7.84%-8.1pp |
| Employer contribution / active EE | $163 | $2,218-92.7% | $3,009-94.6% | $2,596-93.7% |
| Participant deferral / active EE | $572 | $3,246-82.4% | $4,394-87.0% | $4,027-85.8% |
| Admin fee / account holder | $63 | $4,396-98.6% | $5,328-98.8% | $5,403-98.8% |