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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 | $3,280 | $29,733-89.0% | $56,025-94.1% | $80,959-95.9% |
| Participation rate | 4.0% | 41.7%-37.7pp | 52.5%-48.5pp | 67.7%-63.7pp |
| Annual return | 11.17% | 35.28%-24.1pp | 1712.69%-1701.5pp | 35.67%-24.5pp |
| Employer contribution / active EE | $22 | $672-96.7% | $1,042-97.8% | $2,757-99.2% |
| Participant deferral / active EE | $22 | $1,229-98.2% | $1,955-98.9% | $4,300-99.5% |
| Admin fee / account holder | $12 | $2,434-99.5% | $2,828-99.6% | $6,925-99.8% |