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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 | $156,981 | $73,863+112.5% | $143,797+9.2% | $68,490+129.2% |
| Participation rate | 11.5% | 66.7%-55.1pp | 80.3%-68.8pp | 67.9%-56.4pp |
| Annual return | 4.29% | 0.91%+3.4pp | -0.04%+4.3pp | -7.85%+12.1pp |
| Employer contribution / active EE | $0 | $3,185-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $15 | $3,385-99.6% | $5,638-99.7% | $4,028-99.6% |
| Admin fee / account holder | $0 | $5,756-100.0% | $14,679-100.0% | $5,403-100.0% |