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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 | $99,847 | $56,431+76.9% | $130,788-23.7% | $87,485+14.1% |
| Participation rate | 10.5% | 58.9%-48.5pp | 70.1%-59.6pp | 68.9%-58.5pp |
| Annual return | 19.40% | 91.27%-71.9pp | 386.44%-367.0pp | 26.06%-6.7pp |
| Employer contribution / active EE | $0 | $1,549-100.0% | $3,558-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $497 | $2,749-81.9% | $4,137-88.0% | $4,274-88.4% |
| Admin fee / account holder | $183 | $4,433-95.9% | $6,673-97.3% | $7,775-97.7% |