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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 | $17,719 | $30,147-41.2% | $58,544-69.7% | $80,149-77.9% |
| Participation rate | 2.2% | 34.4%-32.2pp | 50.9%-48.7pp | 72.9%-70.7pp |
| Annual return | 20.08% | 21.97%-1.9pp | 4249.56%-4229.5pp | 40.39%-20.3pp |
| Employer contribution / active EE | $11 | $528-97.9% | $1,053-98.9% | $2,977-99.6% |
| Participant deferral / active EE | $73 | $1,249-94.1% | $1,923-96.2% | $5,015-98.5% |
| Admin fee / account holder | $291 | $195+49.5% | $2,520-88.5% | $145+100.8% |