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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 | $81,403+170.5% | $147,027+49.8% | $87,485+151.7% |
| Participation rate | 9.7% | 63.4%-53.8pp | 73.7%-64.1pp | 68.9%-59.3pp |
| Annual return | 18.87% | 16.51%+2.4pp | 20.23%-1.4pp | 26.06%-7.2pp |
| Employer contribution / active EE | $485 | $2,205-78.0% | $3,626-86.6% | $2,596-81.3% |
| Participant deferral / active EE | $485 | $3,315-85.4% | $4,933-90.2% | $4,274-88.7% |
| Admin fee / account holder | $0 | $6,755-100.0% | $12,223-100.0% | $7,775-100.0% |