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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 | $167,019 | $138,072+21.0% | $123,549+35.2% | $135,382+23.4% |
| Participation rate | 55.6% | 84.7%-29.2pp | 82.3%-26.7pp | 82.6%-27.1pp |
| Annual return | -5.53% | 153.69%-159.2pp | 119.20%-124.7pp | 519.77%-525.3pp |
| Employer contribution / active EE | $408 | $5,152-92.1% | $4,628-91.2% | $4,779-91.5% |
| Participant deferral / active EE | $1,633 | $6,799-76.0% | $6,426-74.6% | $5,609-70.9% |
| Admin fee / account holder | $179 | $10,917-98.4% | $9,284-98.1% | $10,829-98.3% |