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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 | $221,665 | $72,396+206.2% | $67,511+228.3% | $145,959+51.9% |
| Participation rate | 7.7% | 76.9%-69.2pp | 72.9%-65.2pp | 80.3%-72.6pp |
| Annual return | 15.72% | 7194.07%-7178.4pp | 3517.41%-3501.7pp | 561.95%-546.2pp |
| Employer contribution / active EE | $0 | $3,071-100.0% | $2,733-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $0 | $4,781-100.0% | $4,000-100.0% | $6,689-100.0% |
| Admin fee / account holder | $0 | $5,538-100.0% | $3,999-100.0% | $13,398-100.0% |