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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 | $153,883 | $106,551+44.4% | $91,225+68.7% | $134,532+14.4% |
| Participation rate | 20.0% | 76.8%-56.8pp | 73.2%-53.2pp | 81.2%-61.2pp |
| Annual return | -6.11% | 160.78%-166.9pp | 114.12%-120.2pp | 418.27%-424.4pp |
| Employer contribution / active EE | $176 | $3,331-94.7% | $2,851-93.8% | $4,741-96.3% |
| Participant deferral / active EE | $176 | $4,718-96.3% | $4,233-95.8% | $6,401-97.3% |
| Admin fee / account holder | $20 | $6,234-99.7% | $5,422-99.6% | $11,429-99.8% |