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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 | $7,533 | $70,121-89.3% | $63,803-88.2% | $138,895-94.6% |
| Participation rate | 44.4% | 77.2%-32.8pp | 72.7%-28.3pp | 79.9%-35.5pp |
| Annual return | 18.25% | 946.48%-928.2pp | 543.72%-525.5pp | 145.39%-127.1pp |
| Employer contribution / active EE | $8 | $2,882-99.7% | $2,532-99.7% | $4,194-99.8% |
| Participant deferral / active EE | $25 | $4,535-99.4% | $3,843-99.3% | $6,396-99.6% |
| Admin fee / account holder | $48 | $6,738-99.3% | $5,196-99.1% | $12,562-99.6% |