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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 | $170,220 | $104,709+62.6% | $85,705+98.6% | $167,553+1.6% |
| Participation rate | 45.0% | 76.4%-31.4pp | 69.9%-24.9pp | 82.1%-37.1pp |
| Annual return | 0.00% | 21.45%-21.4pp | 21.49%-21.5pp | 478.89%-478.9pp |
| Employer contribution / active EE | $372 | $3,338-88.9% | $2,619-85.8% | $4,840-92.3% |
| Participant deferral / active EE | $682 | $4,827-85.9% | $3,924-82.6% | $6,343-89.2% |
| Admin fee / account holder | $63 | $10,036-99.4% | $6,877-99.1% | $12,316-99.5% |