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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 | $101,536 | $89,259+13.8% | $107,187-5.3% | $82,637+22.9% |
| Participation rate | 3.3% | 67.9%-64.6pp | 75.0%-71.7pp | 68.1%-64.7pp |
| Annual return | 17.38% | 21.02%-3.6pp | 204.55%-187.2pp | 53.51%-36.1pp |
| Employer contribution / active EE | $0 | $3,080-100.0% | $3,782-100.0% | $2,552-100.0% |
| Participant deferral / active EE | $0 | $4,037-100.0% | $5,096-100.0% | $4,126-100.0% |
| Admin fee / account holder | $188 | $7,381-97.5% | $9,162-97.9% | $7,339-97.4% |