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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 | $84,953+144.8% | $163,379+27.3% | $82,637+151.7% |
| Participation rate | 5.7% | 65.9%-60.2pp | 76.8%-71.1pp | 68.1%-62.3pp |
| Annual return | 23.25% | 23.07%+0.2pp | 63.41%-40.2pp | 53.51%-30.3pp |
| Employer contribution / active EE | $258 | $2,183-88.2% | $3,752-93.1% | $2,552-89.9% |
| Participant deferral / active EE | $1,343 | $4,326-69.0% | $6,282-78.6% | $4,126-67.5% |
| Admin fee / account holder | $0 | $7,921-100.0% | $9,818-100.0% | $7,339-100.0% |