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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 | $125,043 | $109,372+14.3% | $89,414+39.8% | $158,966-21.3% |
| Participation rate | 50.0% | 74.3%-24.3pp | 68.0%-18.0pp | 82.0%-32.0pp |
| Annual return | 14.99% | 345.55%-330.6pp | 245.50%-230.5pp | 302.95%-288.0pp |
| Employer contribution / active EE | $0 | $3,171-100.0% | $2,586-100.0% | $4,762-100.0% |
| Participant deferral / active EE | $300 | $4,598-93.5% | $3,890-92.3% | $5,983-95.0% |
| Admin fee / account holder | $120 | $6,156-98.1% | $4,883-97.5% | $11,250-98.9% |