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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 | $81,667 | $49,177+66.1% | $79,476+2.8% | $64,181+27.2% |
| Participation rate | 3.7% | 65.0%-61.3pp | 73.3%-69.6pp | 69.6%-65.9pp |
| Annual return | 20.28% | -1.16%+21.4pp | 718.21%-697.9pp | 7.63%+12.7pp |
| Employer contribution / active EE | $0 | $2,076-100.0% | $2,800-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $0 | $2,821-100.0% | $3,704-100.0% | $3,470-100.0% |
| Admin fee / account holder | $0 | $3,839-100.0% | $5,113-100.0% | $4,887-100.0% |