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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 | $27,721 | $114,093-75.7% | $96,171-71.2% | $167,536-83.5% |
| Participation rate | 35.0% | 75.1%-40.1pp | 68.4%-33.4pp | 82.1%-47.1pp |
| Annual return | 19.35% | 190.00%-170.6pp | 192.04%-172.7pp | 478.82%-459.5pp |
| Employer contribution / active EE | $0 | $3,429-100.0% | $2,799-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $440 | $5,197-91.5% | $4,350-89.9% | $6,342-93.1% |
| Admin fee / account holder | $156 | $6,899-97.7% | $5,538-97.2% | $12,315-98.7% |