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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 | $15,298 | $133,981-88.6% | $112,249-86.4% | $134,532-88.6% |
| Participation rate | 13.0% | 78.6%-65.5pp | 75.1%-62.0pp | 81.2%-68.2pp |
| Annual return | 0.00% | 47.16%-47.2pp | 27.48%-27.5pp | 418.27%-418.3pp |
| Employer contribution / active EE | $693 | $4,040-82.8% | $3,636-80.9% | $4,741-85.4% |
| Participant deferral / active EE | $1,319 | $5,292-75.1% | $4,729-72.1% | $6,401-79.4% |
| Admin fee / account holder | $78 | $7,492-99.0% | $6,412-98.8% | $11,429-99.3% |