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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 | $12,232 | $105,145-88.4% | $94,664-87.1% | $139,466-91.2% |
| Participation rate | 63.6% | 82.4%-18.7pp | 80.8%-17.2pp | 80.3%-16.7pp |
| Annual return | 30.85% | 38.09%-7.2pp | 156.84%-126.0pp | 373.66%-342.8pp |
| Employer contribution / active EE | $0 | $4,107-100.0% | $3,673-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $1,340 | $7,599-82.4% | $7,417-81.9% | $6,712-80.0% |
| Admin fee / account holder | $6 | $8,972-99.9% | $7,222-99.9% | $11,409-99.9% |