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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 | $9,249 | $92,743-90.0% | $82,744-88.8% | $134,532-93.1% |
| Participation rate | 50.0% | 75.2%-25.2pp | 72.6%-22.6pp | 81.2%-31.2pp |
| Annual return | 0.89% | 946.63%-945.7pp | 702.22%-701.3pp | 418.27%-417.4pp |
| Employer contribution / active EE | $256 | $3,273-92.2% | $3,008-91.5% | $4,741-94.6% |
| Participant deferral / active EE | $633 | $4,802-86.8% | $4,395-85.6% | $6,401-90.1% |
| Admin fee / account holder | $44 | $5,977-99.3% | $5,325-99.2% | $11,429-99.6% |