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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 | $236,370 | $95,895+146.5% | $79,576+197.0% | $134,509+75.7% |
| Participation rate | 6.3% | 75.0%-68.8pp | 69.5%-63.2pp | 81.2%-75.0pp |
| Annual return | -15.44% | -2.72%-12.7pp | 0.15%-15.6pp | 418.13%-433.6pp |
| Employer contribution / active EE | $367 | $3,128-88.3% | $2,413-84.8% | $4,741-92.3% |
| Participant deferral / active EE | $733 | $4,693-84.4% | $3,985-81.6% | $6,400-88.5% |
| Admin fee / account holder | $60 | $9,129-99.3% | $6,834-99.1% | $11,427-99.5% |