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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 | $97,357 | $102,663-5.2% | $86,216+12.9% | $139,466-30.2% |
| Participation rate | 28.6% | 74.5%-45.9pp | 69.0%-40.4pp | 80.3%-51.8pp |
| Annual return | 25.33% | 1924.52%-1899.2pp | 1169.42%-1144.1pp | 373.66%-348.3pp |
| Employer contribution / active EE | $0 | $3,035-100.0% | $2,382-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $360 | $4,677-92.3% | $3,986-91.0% | $6,712-94.6% |
| Admin fee / account holder | $63 | $8,663-99.3% | $6,853-99.1% | $11,409-99.4% |