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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 | $154,376 | $114,093+35.3% | $96,171+60.5% | $167,536-7.9% |
| Participation rate | 17.6% | 75.1%-57.4pp | 68.4%-50.8pp | 82.1%-64.5pp |
| Annual return | 11.76% | 190.00%-178.2pp | 192.04%-180.3pp | 478.82%-467.1pp |
| Employer contribution / active EE | $0 | $3,429-100.0% | $2,799-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $857 | $5,197-83.5% | $4,350-80.3% | $6,342-86.5% |
| Admin fee / account holder | $0 | $6,899-100.0% | $5,538-100.0% | $12,315-100.0% |