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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 | $182,729 | $57,140+219.8% | $85,240+114.4% | $80,959+125.7% |
| Participation rate | 16.0% | 56.4%-40.4pp | 67.5%-51.5pp | 67.7%-51.7pp |
| Annual return | 17.18% | 21.71%-4.5pp | 66.75%-49.6pp | 35.67%-18.5pp |
| Employer contribution / active EE | $0 | $1,802-100.0% | $2,735-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $703 | $3,115-77.4% | $4,527-84.5% | $4,300-83.6% |
| Admin fee / account holder | $0 | $4,992-100.0% | $6,165-100.0% | $6,925-100.0% |