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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 | $112,658 | $23,330+382.9% | $64,489+74.7% | $82,448+36.6% |
| Participation rate | 3.3% | 68.3%-65.0pp | 67.7%-64.4pp | 68.1%-64.8pp |
| Annual return | 19.75% | 83.66%-63.9pp | 55.03%-35.3pp | 41.64%-21.9pp |
| Employer contribution / active EE | $119 | $824-85.5% | $1,523-92.2% | $2,551-95.3% |
| Participant deferral / active EE | $716 | $1,707-58.0% | $2,778-74.2% | $4,139-82.7% |
| Admin fee / account holder | $45 | $2,946-98.5% | $4,260-99.0% | $7,234-99.4% |