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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 | $177,711 | $99,032+79.4% | $80,022+122.1% | $135,382+31.3% |
| Participation rate | 44.4% | 78.4%-33.9pp | 75.8%-31.4pp | 82.6%-38.2pp |
| Annual return | -5.97% | 15.39%-21.4pp | 11.22%-17.2pp | 519.77%-525.7pp |
| Employer contribution / active EE | $0 | $3,043-100.0% | $2,468-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $171 | $4,282-96.0% | $3,686-95.4% | $5,609-97.0% |
| Admin fee / account holder | $0 | $10,436-100.0% | $6,521-100.0% | $10,829-100.0% |