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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 | $8,305 | $110,278-92.5% | $95,740-91.3% | $139,466-94.0% |
| Participation rate | 11.1% | 75.7%-64.6pp | 72.3%-61.2pp | 80.3%-69.2pp |
| Annual return | 82.30% | 27.19%+55.1pp | 28.41%+53.9pp | 373.66%-291.4pp |
| Employer contribution / active EE | $116 | $3,260-96.4% | $2,836-95.9% | $4,754-97.6% |
| Participant deferral / active EE | $640 | $4,674-86.3% | $4,244-84.9% | $6,712-90.5% |
| Admin fee / account holder | $42 | $6,613-99.4% | $5,676-99.3% | $11,409-99.6% |