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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 | $170,191 | $110,278+54.3% | $95,740+77.8% | $139,466+22.0% |
| Participation rate | 20.0% | 75.7%-55.7pp | 72.3%-52.3pp | 80.3%-60.3pp |
| Annual return | 9.60% | 27.19%-17.6pp | 28.41%-18.8pp | 373.66%-364.1pp |
| Employer contribution / active EE | $153 | $3,260-95.3% | $2,836-94.6% | $4,754-96.8% |
| Participant deferral / active EE | $153 | $4,674-96.7% | $4,244-96.4% | $6,712-97.7% |
| Admin fee / account holder | $0 | $6,613-100.0% | $5,676-100.0% | $11,409-100.0% |