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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 | $207,995 | $80,812+157.4% | $160,784+29.4% | $82,448+152.3% |
| Participation rate | 5.7% | 66.2%-60.5pp | 77.0%-71.2pp | 68.1%-62.4pp |
| Annual return | 23.25% | 100.59%-77.3pp | 1803.92%-1780.7pp | 41.64%-18.4pp |
| Employer contribution / active EE | $258 | $2,174-88.1% | $3,733-93.1% | $2,551-89.9% |
| Participant deferral / active EE | $1,343 | $4,335-69.0% | $6,293-78.7% | $4,139-67.6% |
| Admin fee / account holder | $0 | $7,695-100.0% | $9,717-100.0% | $7,234-100.0% |