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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 | $58,340 | $99,079-41.1% | $78,002-25.2% | $273,972-78.7% |
| Participation rate | 28.6% | 78.6%-50.0pp | 75.5%-47.0pp | 83.0%-54.4pp |
| Annual return | 6.09% | 217.93%-211.8pp | 425.99%-419.9pp | 41.46%-35.4pp |
| Employer contribution / active EE | $0 | $3,308-100.0% | $2,470-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $743 | $4,306-82.7% | $3,497-78.8% | $5,287-85.9% |
| Admin fee / account holder | $0 | $8,954-100.0% | $5,481-100.0% | $10,133-100.0% |