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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 | $141,443 | $83,843+68.7% | $123,973+14.1% | $65,306+116.6% |
| Participation rate | 4.7% | 56.0%-51.3pp | 76.7%-72.0pp | 57.7%-53.0pp |
| Annual return | 15.02% | 19.87%-4.9pp | 388.13%-373.1pp | 21.94%-6.9pp |
| Employer contribution / active EE | $0 | $2,873-100.0% | $4,126-100.0% | $1,967-100.0% |
| Participant deferral / active EE | $258 | $2,997-91.4% | $5,247-95.1% | $2,959-91.3% |
| Admin fee / account holder | $27 | $4,735-99.4% | $11,799-99.8% | $3,480-99.2% |