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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 | $56,116+77.9% | $135,768-26.5% | $86,983+14.8% |
| Participation rate | 10.5% | 60.1%-49.7pp | 71.1%-60.6pp | 69.5%-59.1pp |
| Annual return | 19.40% | 125.33%-105.9pp | 526.10%-506.7pp | 25.83%-6.4pp |
| Employer contribution / active EE | $0 | $1,528-100.0% | $3,394-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $497 | $2,690-81.5% | $3,977-87.5% | $4,194-88.1% |
| Admin fee / account holder | $183 | $4,314-95.8% | $7,048-97.4% | $7,856-97.7% |