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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 | $208,108 | $93,346+122.9% | $71,796+189.9% | $273,972-24.0% |
| Participation rate | 5.9% | 76.5%-70.6pp | 69.1%-63.2pp | 83.0%-77.1pp |
| Annual return | 5.00% | 130.39%-125.4pp | 78.04%-73.0pp | 41.46%-36.5pp |
| Employer contribution / active EE | $0 | $2,733-100.0% | $1,924-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $0 | $3,475-100.0% | $2,794-100.0% | $5,287-100.0% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |