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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 | $64,346 | $107,368-40.1% | $92,915-30.7% | $152,909-57.9% |
| Participation rate | 37.5% | 79.8%-42.3pp | 76.0%-38.5pp | 82.5%-45.0pp |
| Annual return | 123.93% | 145.64%-21.7pp | 109.45%+14.5pp | 345.46%-221.5pp |
| Employer contribution / active EE | $0 | $4,222-100.0% | $3,653-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $966 | $4,848-80.1% | $4,238-77.2% | $5,851-83.5% |
| Admin fee / account holder | $68 | $7,082-99.0% | $5,796-98.8% | $11,601-99.4% |