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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 | $146,042 | $76,401+91.2% | $106,387+37.3% | $64,181+127.5% |
| Participation rate | 0.0% | 73.5%-73.5pp | 77.5%-77.5pp | 69.6%-69.6pp |
| Annual return | 0.00% | -2.19%+2.2pp | 0.25%-0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $2,680-100.0% | $3,520-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $47 | $4,274-98.9% | $5,421-99.1% | $3,470-98.7% |
| Admin fee / account holder | $273 | $4,610-94.1% | $7,510-96.4% | $4,887-94.4% |