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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 | $129,958 | $118,875+9.3% | $96,572+34.6% | $167,553-22.4% |
| Participation rate | 33.3% | 75.5%-42.2pp | 69.8%-36.5pp | 82.1%-48.8pp |
| Annual return | 15.56% | 50.50%-34.9pp | 37.79%-22.2pp | 478.89%-463.3pp |
| Employer contribution / active EE | $0 | $3,121-100.0% | $2,357-100.0% | $4,840-100.0% |
| Participant deferral / active EE | $1,005 | $4,617-78.2% | $3,850-73.9% | $6,343-84.2% |
| Admin fee / account holder | $21 | $8,070-99.7% | $6,183-99.7% | $12,316-99.8% |