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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 | $176,894 | $93,098+90.0% | $77,081+129.5% | $134,509+31.5% |
| Participation rate | 50.0% | 74.5%-24.5pp | 67.9%-17.9pp | 81.2%-31.2pp |
| Annual return | 17.35% | 62.63%-45.3pp | 42.33%-25.0pp | 418.13%-400.8pp |
| Employer contribution / active EE | $0 | $3,419-100.0% | $2,813-100.0% | $4,741-100.0% |
| Participant deferral / active EE | $300 | $5,239-94.3% | $4,428-93.2% | $6,400-95.3% |
| Admin fee / account holder | $120 | $6,945-98.3% | $5,427-97.8% | $11,427-98.9% |