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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 | $19,061 | $75,832-74.9% | $147,618-87.1% | $59,633-68.0% |
| Participation rate | 7.6% | 71.6%-64.0pp | 84.6%-77.0pp | 68.7%-61.1pp |
| Annual return | 0.20% | 0.37%-0.2pp | 61.98%-61.8pp | 2041.40%-2041.2pp |
| Employer contribution / active EE | $133 | $3,485-96.2% | $5,565-97.6% | $2,203-94.0% |
| Participant deferral / active EE | $137 | $3,131-95.6% | $4,895-97.2% | $3,192-95.7% |
| Admin fee / account holder | $265 | $5,986-95.6% | $11,612-97.7% | $4,297-93.8% |