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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 | $11,401 | $93,098-87.8% | $77,081-85.2% | $134,509-91.5% |
| Participation rate | 62.5% | 74.5%-12.0pp | 67.9%-5.4pp | 81.2%-18.7pp |
| Annual return | -19.32% | 62.63%-82.0pp | 42.33%-61.6pp | 418.13%-437.5pp |
| Employer contribution / active EE | $259 | $3,419-92.4% | $2,813-90.8% | $4,741-94.5% |
| Participant deferral / active EE | $476 | $5,239-90.9% | $4,428-89.3% | $6,400-92.6% |
| Admin fee / account holder | $8 | $6,945-99.9% | $5,427-99.9% | $11,427-99.9% |