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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 | $24,878 | $49,976-50.2% | $66,674-62.7% | $82,637-69.9% |
| Participation rate | 2.9% | 63.1%-60.2pp | 73.7%-70.7pp | 68.1%-65.1pp |
| Annual return | 16.40% | 39.09%-22.7pp | 321.24%-304.8pp | 53.51%-37.1pp |
| Employer contribution / active EE | $4 | $1,988-99.8% | $2,620-99.8% | $2,552-99.8% |
| Participant deferral / active EE | $6 | $2,847-99.8% | $4,084-99.9% | $4,126-99.9% |
| Admin fee / account holder | $0 | $4,594-100.0% | $5,098-100.0% | $7,339-100.0% |