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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 | $220,221 | $87,180+152.6% | $173,703+26.8% | $94,015+134.2% |
| Participation rate | 9.7% | 65.6%-55.9pp | 75.9%-66.2pp | 70.8%-61.1pp |
| Annual return | 18.87% | 14.17%+4.7pp | 17.46%+1.4pp | 17.84%+1.0pp |
| Employer contribution / active EE | $485 | $2,494-80.6% | $4,288-88.7% | $2,790-82.6% |
| Participant deferral / active EE | $485 | $3,343-85.5% | $4,854-90.0% | $4,249-88.6% |
| Admin fee / account holder | $0 | $7,506-100.0% | $15,562-100.0% | $8,951-100.0% |