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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 | $52,353+90.7% | $120,225-16.9% | $82,448+21.1% |
| Participation rate | 10.5% | 58.3%-47.8pp | 69.6%-59.1pp | 68.1%-57.6pp |
| Annual return | 19.40% | 61.85%-42.4pp | 439.23%-419.8pp | 41.64%-22.2pp |
| Employer contribution / active EE | $0 | $1,510-100.0% | $3,475-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $497 | $2,627-81.1% | $3,999-87.6% | $4,139-88.0% |
| Admin fee / account holder | $183 | $4,363-95.8% | $5,696-96.8% | $7,234-97.5% |