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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 | $116,843 | $112,131+4.2% | $95,964+21.8% | $158,982-26.5% |
| Participation rate | 50.0% | 79.0%-29.0pp | 77.1%-27.1pp | 82.0%-32.0pp |
| Annual return | 32.71% | 171.19%-138.5pp | 91.64%-58.9pp | 302.99%-270.3pp |
| Employer contribution / active EE | $491 | $3,199-84.7% | $2,541-80.7% | $4,763-89.7% |
| Participant deferral / active EE | $524 | $4,784-89.1% | $4,167-87.4% | $5,983-91.2% |
| Admin fee / account holder | $0 | $10,136-100.0% | $6,797-100.0% | $11,252-100.0% |