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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 | $32,245 | $101,063-68.1% | $81,473-60.4% | $147,586-78.2% |
| Participation rate | 22.2% | 74.5%-52.2pp | 68.0%-45.7pp | 82.8%-60.6pp |
| Annual return | 20.98% | 32.41%-11.4pp | 38.78%-17.8pp | 578.59%-557.6pp |
| Employer contribution / active EE | $13 | $3,206-99.6% | $2,568-99.5% | $4,876-99.7% |
| Participant deferral / active EE | $32 | $4,242-99.2% | $3,537-99.1% | $5,439-99.4% |
| Admin fee / account holder | $0 | $5,812-100.0% | $4,561-100.0% | $10,886-100.0% |