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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 | $91,935 | $63,346+45.1% | $92,240-0.3% | $70,126+31.1% |
| Participation rate | 46.6% | 68.7%-22.1pp | 76.5%-29.9pp | 69.5%-23.0pp |
| Annual return | 0.00% | 530.19%-530.2pp | 176.29%-176.3pp | 73.15%-73.1pp |
| Employer contribution / active EE | $377 | $2,471-84.7% | $3,680-89.8% | $2,343-83.9% |
| Participant deferral / active EE | $1,098 | $2,854-61.5% | $3,897-71.8% | $3,332-67.1% |
| Admin fee / account holder | $3 | $3,841-99.9% | $5,194-99.9% | $4,645-99.9% |