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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 | $164,681 | $111,301+48.0% | $112,977+45.8% | $158,982+3.6% |
| Participation rate | 40.0% | 83.5%-43.5pp | 82.6%-42.6pp | 82.0%-42.0pp |
| Annual return | 41.24% | 26.40%+14.8pp | 24.24%+17.0pp | 302.99%-261.7pp |
| Employer contribution / active EE | $368 | $4,471-91.8% | $4,255-91.4% | $4,763-92.3% |
| Participant deferral / active EE | $368 | $5,880-93.7% | $5,836-93.7% | $5,983-93.8% |
| Admin fee / account holder | $0 | $8,392-100.0% | $6,294-100.0% | $11,252-100.0% |