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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 | $216,684 | $117,846+83.9% | $102,434+111.5% | $145,884+48.5% |
| Participation rate | 26.3% | 78.6%-52.3pp | 76.5%-50.2pp | 80.3%-54.0pp |
| Annual return | 19.43% | 31.90%-12.5pp | 29.46%-10.0pp | 551.85%-532.4pp |
| Employer contribution / active EE | $760 | $3,615-79.0% | $3,023-74.9% | $4,662-83.7% |
| Participant deferral / active EE | $1,333 | $5,733-76.7% | $5,055-73.6% | $6,690-80.1% |
| Admin fee / account holder | $21 | $13,356-99.8% | $9,462-99.8% | $13,392-99.8% |