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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 | $104,097 | $85,766+21.4% | $136,297-23.6% | $70,124+48.4% |
| Participation rate | 10.6% | 74.2%-63.5pp | 81.9%-71.3pp | 69.5%-58.9pp |
| Annual return | 23.12% | 31.45%-8.3pp | 5156.19%-5133.1pp | 73.14%-50.0pp |
| Employer contribution / active EE | $235 | $2,966-92.1% | $4,696-95.0% | $2,342-90.0% |
| Participant deferral / active EE | $861 | $5,051-83.0% | $6,247-86.2% | $3,332-74.2% |
| Admin fee / account holder | $135 | $5,420-97.5% | $9,244-98.5% | $4,645-97.1% |